Our Zero Tolerance Policy for Competition Law Compliance

 

At Istanbul Express, we embrace our unwavering commitment to fair and free market conditions as a fundamental principle. Our zero-tolerance policy against anti-competitive behavior is a cornerstone of our operational standards. We take a firm and unequivocal stance against all illegal practices, including price fixing, market sharing, bid rigging, or sharing sensitive commercial information with competitors. This commitment is not only a legal obligation but also the foundation of the trust we build with our customers and all stakeholders. We meticulously manage this policy to increase our employees' sense of personal responsibility and make it an integral part of our company culture.

 

Our Comprehensive Competition Compliance Procedures

 

We follow a comprehensive and detailed procedure to minimize competition law risks in our supply chain. This procedure is more than just a statement of intent; it includes concrete rules and procedures integrated into every stage of our operations. We conduct all our relationships with suppliers and business partners on an arm's length basis and meticulously review any contracts or agreements that may contain any restrictive clauses. Our procedure is fully integrated with our company's Code of Conduct. This makes competition law compliance a natural part of the daily workflow for all our employees.

 

Our Systematic Training and Supervision Mechanism

 

We implement a systematic communication and training process to ensure that all relevant personnel take our competition law compliance procedures seriously. All employees involved in purchasing, sales, and contracting processes participate in mandatory and regular training to ensure they understand the fundamental principles of competition law, potential risks, and legal obligations. This training is reinforced with real-life examples alongside theoretical knowledge. We also maintain a robust internal audit process to monitor compliance with these rules. The company has a clear mechanism in place for employees to securely and confidentially report any suspicious activity. Full compliance with the procedure is essential.