Turkish Law Blog - Competition

The Constitutional Court Decision on Legal Professional Privilege

The Constitutional Court issued a decision on 18 January 2024 in response to the annulment lawsuit filed against multiple statutory provisions for inconsistency with the Constitution.

Hergüner Bilgen Üçer Attorney Partnership

Ufuk Yalçın

Hazar Başar

25.04.2024

Two-minute Recap of Recent Developments in Turkish Competition Law - March 2024

On 6 March 2024, the Turkish Competition Board (“Board”) announced the conclusion of its full-fledged investigation into potential violations of Turkish competition law through informal agreements (known as “gentleman’s agreements”) not to recruit each other’s employees.

Bulut Girgin

Simru Tayfun

Orçun Horozoğlu

Enis Doğa Küçükay

Efe Utku Çal

14.04.2024

Two-minute Recap of Competition Law Matters Around the Globe – March 2024

X (formerly Twitter) and Booking have notified the European Commission (“EC”) of their potential gatekeeper status under the Digital Markets Act (“DMA”). The EC has 45 working days from 1 March 2024 to review the gatekeeper status. Companies will have six months to comply with the DMA if they are designated as gatekeepers.

Bulut Girgin

Simru Tayfun

Orçun Horozoğlu

Enis Doğa Küçükay

Efe Utku Çal

08.04.2024

Competition Newsletter - April 2024

This competition law newsletter provides information on the latest developments in relation to the Turkish competition market and the implementation of Law No 4054 on the Protection of Competition (the "Law") in light of recent announcements and publications by the Competition Authority (the "Authority") and decisions of the competition board (the "Board") published in February 2024.

Arpat Şenocak

İklim Gülsün Aytekin

Mustafa Karadaş

Ecem Nur Aksoy

08.04.2024

The European Commission’s Revised Market Definition Notice: A Reflection of Current Market Dynamics

On 8 February 2024, the European Commission released a revised version of the Market Definition Notice, following a review process that started in 2020 and involved feedback from various stakeholders. The Revised Notice stands as the first update to the Market Definition Notice since its introduction in 1997.

Arpat Şenocak

İklim Gülsün Aytekin

Mustafa Karadaş

Ecem Nur Aksoy

29.03.2024

Avrupa Komisyonundan Apple'a Tarihi Ceza

Avrupa Komisyonu (“Komisyon”), 4 Mart 2024’te Apple’a, uygulama mağazası Apple App Store (“App Store”) aracılığıyla iPhone ve iPad kullanıcılarına (“iOS Kullanıcıları”) müzik dinleme uygulamalarının dağıtımı pazarındaki hâkim durumunu kötüye kullandığı gerekçesiyle 1,8 milyar Euro para cezası (yaklaşık 61 milyar TL) verdi.

Bulut Girgin

Simru Tayfun

Orçun Horozoğlu

Enis Doğa Küçükay

Efe Utku Çal

27.03.2024

Two-minute Recap of Recent Developments in Turkish Competition Law - February 2024

Meta is currently under investigation for possible anti-competitive conduct through tying Instagram with Threads. In relation to this on-going investigation, the Board announced that it had taken interim measures to stop Meta from combining the data obtained from Instagram and Threads.

Bulut Girgin

Simru Tayfun

Orçun Horozoğlu

Enis Doğa Küçükay

Efe Utku Çal

25.03.2024

Two-minute Recap of Competition Law Matters Around the Globe – February 2024

Pfizer has reached a USD 93 million settlement with drug purchasers who accused Pfizer of paying Ranbaxy to delay a generic version of the cholesterol drug Lipitor and therefore illegally extending its patent rights over Lipitor.

Bulut Girgin

Simru Tayfun

Orçun Horozoğlu

Enis Doğa Küçükay

Efe Utku Çal

22.03.2024

The Turkish Competition Authority Has Published Its M&A Overview Report Relating to the Year 2023

The Economic Analysis and Research Department of the Turkish Competition Authority (the "TCA") published its report on mergers and acquisitions for the year 2023 (the "Report") on its official website on 5 January 2024.

Arpat Şenocak

İklim Gülsün Aytekin

Mustafa Karadaş

Ecem Nur Aksoy

22.03.2024

Competition Newsletter - February 2024

This Competition Law Newsletter provides information on the latest developments in relation to the Turkish competition market and the implementation of Law No 4054 on the Protection of Competition in light of recent announcements and publications by the Competition Authority and decisions of the Competition Board published in January 2024.

Arpat Şenocak

İklim Gülsün Aytekin

Mustafa Karadaş

Ecem Nur Aksoy

04.03.2024

Two-minute Recap of Recent Developments in Turkish Competition Law - January 2024

On 10 January 2024, the Turkish Competition Authority (“TCA”) announced that US tech conglomerate Meta failed to fulfil the compliance measures attached to its previous abuse of dominance decision.[1] As a result, the Board decided to impose a daily administrative monetary fine on Meta amounting to approximately EUR 146,000. The fine applies retroactively from 12 December 2023 and will be assessed daily until Meta provides a final compliance remedy that the TCA deems sufficient to restore effective competition in the market.

Bulut Girgin

Enis Doğa Küçükay

Efe Utku Çal

21.02.2024

Avrupa Komisyonu Yeni İlgili Pazar Rehberi’ni Yayımladı

Avrupa Komisyonu geçtiğimiz günlerde, 2020 yılından bu yana sürdürdüğü çalışmaları nihayetlendirerek hazırladığı yeni İlgili Pazarın Tanımlanmasına İlişkin Rehber’i (The European Commission’s Market Definition Notice, “İlgili Pazar Rehberi” veya “Rehber”) yayımladı. 1997'de yürürlüğe girdiğinden bu yana ilk kez güncellenen Rehber, Rekabet Kurumu’nun İlgili Pazarın Tanımlanmasına İlişkin Kılavuz’un (“Kılavuz”) mehaz mevzuatını oluşturmaktaydı. Yeni Rehber ile getirilen değişiklikleri ve bu değişiklikler sonrasında Avrupa Birliği (“AB”) ile Türkiye’deki durumun karşılaştırmalı analizini sizler için derledik. Neden Bu Değişikliğe Gidildi?

Kayra Üçer

Neşe Nur Yazgan

Nihan Ünal

Zeynep Yerebasmaz

21.02.2024

The European Commission Releases New Guidance on Market Definition

The European Commission has recently finalised studies that have been ongoing since 2020 and has published a new European Commission Notice on Market Definition (“Market Definition Notice” or the “Notice”). The Notice, revised for the first time since entering into force in 1997, establishes the main legislation on which the Turkish Competition Authority’s Guidelines on the Definition of the Relevant Market (“Guidelines”) is modelled.

Kayra Üçer

Neşe Nur Yazgan

Nihan Ünal

Zeynep Yerebasmaz

20.02.2024

Two-minute Recap of Competition Law Matters Around the Globe – January 2024

Amazon has abandoned its planned USD 1.4 billion purchase of robot vacuum cleaner manufacturer iRobot following the European Commission’s (“EC”) report not to allow the deal to go through. The EC launched a phase II probe into the deal in July 2023 on the basis that the proposed merger could potentially hinder iRobot’s competitors from selling their own products on Amazon’s online marketplace. Amazon declined to offer remedies for the concerns raised by the EC.

Bulut Girgin

Simru Tayfun

Orçun Horozoğlu

Umut Aydoğan

12.02.2024

Competition Newsletter - January 2024

This competition law newsletter provides information on the latest developments in relation to the Turkish competition market and the implementation of Law No 4054 on the Protection of Competition (the "Law") in light of recent announcements and publications by the Competition Authority (the "Authority") and decisions of the competition board (the "Board") published in December 2023.

Arpat Şenocak

İklim Gülsün Aytekin

Mustafa Karadaş

Ecem Nur Aksoy

31.01.2024

2023 Yılı Birleşme Devralma Görünüm Raporu Yayınlandı

Rekabet Kurumu, 5 Ocak 2024 tarihinde 2023 Yılı Birleşme ve Devralma Görünüm Raporu’nu (“Rapor”) yayımladı. Rapor, 2023 yılındaki birleşme ve devralma işlemlerinin istatistiklerini ve önceki yıllarla karşılaştırmaları sağlayarak 2023 yılında Türkiye'deki birleşme ve devralmalara ilişkin kapsamlı bir görünüm sağlamaktadır.

Kayra Üçer

Hazar Başar

Nihan Ünal

Irmak Saltık

29.01.2024

The Mergers and Acquisitions Overview Report for 2023 has been Published

On 5 January 2024, the Turkish Competition Authority (“TCA”) published its Mergers and Acquisitions Overview Report for 2023 (“Report”) on its website. The Report includes a comprehensive overview of merger control in Turkey in 2023 by providing statistics for merger control cases that took place in 2023 as well as comparisons with previous years.

Kayra Üçer

Hazar Başar

Nihan Ünal

Irmak Saltık

29.01.2024

Güneş Panellerinin İthalatında Haksız Rekabetin Önlenmesine İlişkin Soruşturmanın Esasları Belirlendi

Vietnam, Malezya, Tayland, Hırvatistan ve Ürdün menşeli güneş panellerinin ithalatında haksız rekabetin önlenmesi önlemlerinin etkisiz kılınmasına karşı gerçekleştirilecek soruşturmanın usul ve esasları belirlendi.

E. Benan Arseven

Umay Rona Süerdem

28.01.2024

The Principles of the Investigation on the Prevention of Unfair Competition in the Import of Solar Panels Were Announced

The procedures and principles of the investigation to be carried out against the neutralisation of measures to prevent unfair competition in the import of solar panels originating from Vietnam, Malaysia, Thailand, Croatia and Jordan have been determined.

E. Benan Arseven

Umay Rona Süerdem

24.01.2024

New Regulation on Active Cooperation/Leniency Enters Into Force in Turkey

A new Regulation on Active Cooperation for Detecting Cartels (“Regulation”) in Turkey entered into force on 16 December 2023. The Turkish Competition Authority (“TCA”) also held a helpful webinar on the topic, highlighting the differences between the old and new regulation.

Orçun Horozoğlu

Enis Doğa Küçükay

16.01.2024

SPK’dan e-Başvuru Zorunluluğu

CMB Deploys Electronic System for Submissions

Sermaye Piyasası Kurulu Tarafından Payların İlk Halka Arzı Öncesi Uyulacak Ön Şartlardaki Tutarların İndirimine İlişkin Kurul İlke Kararı Yayımlandı

Call Option Agreement on Shares of a Joint Stock Company

Bağımsız Denetime Tabi Şirketlerin Belirlenmesine Dair Karar

The Decision on Determination of Companies Subject to Independent Audit

The Constitutional Court Decision on Legal Professional Privilege

Two-minute Recap of Recent Developments in Turkish Competition Law - March 2024

Two-minute Recap of Competition Law Matters Around the Globe – March 2024

Türkiye’s Green Transition Journey and Effects on Construction Sector

“Reasonable” Remedy Period

An Overview of FIDIC 2022 Reprint

ÇSY Kapsamında Kişisel Verilerin Korunması Hukukunun Önemi

The Importance of Personal Data Protection Law Within the Scope of ESG

Kişisel Verileri Koruma Hukuku Güncel Gelişmeler - Mart 2024

Anayasa Mahkemesi’nden 6325 Sayılı Hukuk Uyuşmazlıklarında Arabuluculuk Kanunu’nun Bazı Hükümlerinin İptaline İlişkin Yeni Karar

New Decision by the Constitutional Court on the Annulment of Certain Provisions of the Mediation in Civil Disputes Law No. 6325

Esin Litigation Quarterly | Issue 4 | March 2024

2024 Yılı İtibarıyla Perakende Ticaret Mevzuatında Neler Değişti?

Sadakat Programlarına İndirimli Satış Reklamı Yasağı!

Obligations under the Distance Contracts Regulation are Postponed

Communiqué on the Promotion of the Use of Green Cement with Low Carbon Emission in Public Procurement Contracts has been Published

Şarj Hizmeti Ağlarında Konsolidasyon: Lisans İptalleri

The Consolidation of Charging Service Networks: Cancellation of Licenses

Kurumsal Sürdürülebilirlik Özen Yükümlülüğü Direktifi (CSDDD) Onaylandı

Corporate Sustainability Due Diligence Directive (CSDDD) Approved

Yeşil Dönüşüm Yolunda: Çevre Etiketi Sistemi

Ödeme ve Elektronik Para Kuruluşlarının Asgari Özkaynak Miktarlarında Değişiklikler

Amendments Regarding Minimum Equity Amounts for Payment and Electronic Money Institutions

Dijital Türk Lirası’nda Faz-2 Çalışmalarına Başlandı

Technology Disruption in the Insurance Industry

Cyber Insurance

İklim Değişikliğinin Sigorta Sektörü Üzerindeki Etkisi

Türkiye's Geopolitical and Strategic Importance Regarding Counterfeiting Activities

Design Registration Application in Turkey: Things to Consider

Turkish PTO Will Handle Non-Use Cancellation Actions as of January 10, 2024

İşçinin Ölümü Halinde Kıdem Tazminatı ve Ölüm Tazminatı Taleplerinin Karşılaştırmalı Olarak Değerlendirilmesi

Non-competition Obligation - Intervention of the Judge

İş Sözleşmelerinde Rekabet Etme Yasağı

Türkiye İlaç ve Tıbbi Cihaz Kurumu Tıbbi Cihaz Sektör Belgesi Yayınlandı

Turkish Medicines and Medical Devices Agency Published the Industry Report on Medical Devices

Spor Müsabakalarına Dayalı Bahis ve Şans Oyunları

Remarkable Topics of Recent Times: Betting and Games of Chance on Sports Competitions

Advertising Board Published the Report on Supplementary Food Advertisements!

Convertible Investments in Türkiye

Türkiye’de Pay Opsiyon Planları ve Birleşme Devralmalara Etkileri

Employee Stock Option Plans and Effects on M&A Practices in Türkiye

Yayımlanan Yönetmelik ile Konutların Turizm Amaçlı Kiralanması

Konutların Turizm Amaçlı Kiralanması

Konut Kira Bedeli Artışlarında Azami Sınır

Anonim Şirketlerde Önemli Miktardaki Varlığın Satışı ve İlgili Tartışmalı Konular

Sale of Significant Assets in Joint Stock Companies and Related Contentious Issues

Adi Konkordatoda Alacaklılar Toplantısı

Türkiye’de Çalışan Pay Opsiyon Planları ve Yatırım Sürecindeki Etkileri

Yatırım ve Pay Devri İşlemlerinde Ara Dönem ve Kapanış Şartları

What is Convertible Debt as a Method of Quick Access to Finance?

Damga Vergisi Kanun Genel Tebliği (Seri No: 69) Hakkında Bilgi Notu

Information Note Regarding the General Communiqué on the Stamp Duty Law (Serial No: 69)

Anayasa Mahkemesi’nden Enflasyon Düzeltmesine İlişkin Önemli Karar

The AI Act: The World's First Comprehensive Laws to Regulate AI

AB’den Devrim Niteliğinde Düzenleme: Yapay Zekâ Yasası Onaylandı

Revolutionary Regulation from EU: AI Act is Approved

Türkiye’de Deniz Kirliliği Cezalarına İlişkin Yeni Düzenleme

Current Pollution Administrative Fines

Maritime Disputes: A Comprehensive Examination of LMAA, ISTAC, and Turkish Courts’ Approaches to Maritime Cases - Part 2

Şirket Yöneticilerinin Cezai Sorumluluğu

An Overview of Occupational Fraud 2024: A Report to the Nations by ACFE

Güneş Balçıkla Sıvanmaz!

Insights Competition

Gen & Temizer | Özer

CONTACTS

Hergüner Bilgen Üçer Attorney Partnership

CONTACTS

Moroğlu Arseven

CONTACTS

Ozay Law Firm

CONTACTS

Özdirekcan Dündar Şenocak Ak

CONTACTS

The Constitutional Court Decision on Legal Professional Privilege