A new beginning

Author: | Published: 26 May 2017

Gönenç Gürkaynak and Öznur İnanılır of ELIG, Attorneys-at-Law assess the impact of recent changes made to Turkey’s competition law framework

www.elig.com

This year has seen significant competition law related legislative amendments. In particular, there have been two main changes to Turkish competition legislation.

The first encompasses amendments made to the merger control regime through Communiqué no. 2017/2 on the Amendment of Communiqué no. 2010/4 on Mergers and Acquisitions Subject to the Approval of the Competition Board which introduced two significant amendments to the Turkish merger control regime regarding creeping acquisitions. The second is the new block exemption regime for the motor vehicle sector introduced by Communiqué no. 2017/3 for Vertical Agreements in the Motor Vehicle Sector in Turkey and the related Guidelines on the Explanation of the Block Exemption Communiqué no. 2017/3 for the Vertical Agreements in the Motor Vehicle Sector in Turkey, which marks the beginning...


 

 

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