Turkiye's Competition Authority has launched an investigation into 19 companies operating in the health insurance market over allegations that they may have coordinated the pricing of their products.
The probe follows a preliminary inquiry based on complaints and tip-offs alleging that health insurance companies may have jointly determined, increased or fixed premiums, the Competition Authority said in a statement.
The statement also said that the Authority is looking into allegations that the companies may have shared customers, regions or products, exchanged sensitive information such as pricing, costs and risk data, and entered into exclusionary agreements with healthcare providers.
Several insurance companies said in regulatory filings that the launch of an investigation does not mean that they have violated competition rules.