ISTANBUL- Turkey's competition authority said on Tuesday it had launched an investigation into 32 companies over "gentlemen's agreements" between them that limited compensation and new job opportunities for employees.

In a statement, it said the direct or indirect agreements that prevent employees from moving between companies could deprive the workers of higher wages and better working conditions.

It added that such practices would damage the competitive structure of the labour market and could cause the workforce to seek employment in other markets or abroad.

The Competition Board said a preliminary analysis found "serious and sufficient" evidence to launch investigations into companies including online food delivery firm Yemeksepeti, grocery store Migros and mobile-game maker Peak.

E-commerce firm Trendyol and online classified ads company Sahibinden, as well as food services company TAB Gida, were also among the companies being investigated, it said.

(Writing by Ezgi Erkoyun Editing by Daren Butler and Paul Simao) ((ezgi.erkoyun@thomsonreuters.com; +90-212-350 7051; Reuters Messaging: ezgi.erkoyun.thomsonreuters.com@reuters.net;))