Turkey’s Competition Authority (RK, to use its Turkish acronym) raided the offices of Chinese online retailer Temu in Istanbul on Wednesday morning, performing a rather aggressive “on-site inspection” for reasons the RK did not make entirely clear.
Whatever transpired on Wednesday morning, it did not feel like a friendly encounter. RK denied a statement from Temu that said the inspectors seized documents and computers during the raid, charging that the company’s statement “does not reflect the truth.”
“In order to ensure that the examination currently underway can proceed properly… it is not possible at this stage to share further information,” RK said, as quoted by Turkey’s Daily Sabah.
RK said the raid on Wednesday did not necessarily mean a “formal investigation” into Temu has been
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