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Amendments to the Turkish Competition Law

Competition Law | Articles

Amendments to the Turkish Competition Law

The Turkish Parliament has approved the long-awaited proposal for an amendment to the Competition Law (“Amendment”) on 16 June 2020 and it came into force after being published in the Official Gazette of the Republic of Turkey on 24 June 2020.

Kriz Döneminde Rekabet Kuralları ve Rekabet Otoritelerinin Refleksleri

Competition Law | News

Kriz Döneminde Rekabet Kuralları ve Rekabet Otoritelerinin Refleksleri

Yönetici ortağımız Bahadır Balkı, 08 Haziran 2020 tarihinde saat 17.00'da gerçekleşecek, GYİAD tarafından düzenlenen, "Kriz Döneminde Rekabet Kuralları ve Rekabet Otoritelerinin Refleksleri" başlıklı online toplantıda konuşmacı olarak yer alacaktır.

Recent Regulation on the Unfair Price Assessment Board: How the Board Will Function?

Regulation | Articles

Recent Regulation on the Unfair Price Assessment Board: How the Board Will Function?

Last month, a law package to tackle the social and economic challenges that coronavirus pandemic cause was introduced via the Act No. 7244 on Reducing the Effects of the Novel Coronavirus (COVID-19) Outbreak on Economic and Social Life and Amendments to Certain Acts (“Act No. 7244“)

The Regional Administrative Court Found the Turkish Competition Authority’s Decision concerning Mey İçki Unlawful

Competition Law | Articles

The Regional Administrative Court Found the Turkish Competition Authority’s Decision concerning Mey İçki Unlawful

The Ankara Regional Administrative Court’s 8th Administrative Chamber (“Regional Court”) recently annulled the decision of the Ankara 2nd Administrative Court (“Administrative Court”), in which a lawsuit against the Turkish Competition Authority’s (“TCA”) Mey İçki-2 decision was dismissed .

The Turkish Competition Authority Investigates the Allegations on Leading Energy Drink Company (Red Bull)

Competition Law | Articles

The Turkish Competition Authority Investigates the Allegations on Leading Energy Drink Company (Red Bull)

In 21 April 2020, the Turkish Competition Authority (“TCA”) published its reasoned decision on resale price maintenance and de facto exclusivity conducts focusing on the practices carried by Red Bull Gıda Dağıtım ve Pazarlama Tic. Ltd. Şti. (“Red Bull”)

Turkish Competition Authority Reiterates: Labor Market is Subject to Competition Law Enforcement

Competition Law | Articles

Turkish Competition Authority Reiterates: Labor Market is Subject to Competition Law Enforcement

Anti-competitive practices in the labor markets have generally not been on the radar of the competition watchdogs. Given the increase in the number of cases dealing with the labor markets within the last five years, this appears to change. The Turkish Competition Authority (“TCA”) contributed to that shift by publishing on May 6, 2020 another decision related with the labor markets

Turkish Competition Watchdog Initiates its First Pandemic-Related Investigation

Competition Law | Articles

Turkish Competition Watchdog Initiates its First Pandemic-Related Investigation

The Turkish Competition Authority (“TCA”) on March 23, 2020 gave its heads up to undertakings that it was “closely following the price increases”, which it referred to as “opportunistic” during the pandemic. As such, the TCA warned in its announcement that it will impose the highest fines allowed by the Turkish Competition Law on all the undertakings, if they engage in anticompetitive practices during the COVID-19 pandemic.

The Undertakings Operating in the Automotive Sector under the Review of the TCA Once Again

Competition Law | Articles

The Undertakings Operating in the Automotive Sector under the Review of the TCA Once Again

In the previous days, the Turkish Competition Authority (“TCA”) resolved under its decision dated 26.03.2020 and numbered 20-16/234-M to open an investigation against the undertaking operating in the automotive sector in order to re-evaluate its decision dated 24.06.2009 and numbered 09-30/637-150 since it was annulled by the 13th Chamber of Council of States.

The Turkish Competition Authority Initiates its First Pandemic Related Investigation Against 29 Undertakings

Competition Law | Articles

The Turkish Competition Authority Initiates its First Pandemic Related Investigation Against 29 Undertakings

The Turkish Competition Authority (“TCA”) on March 23, 2020 gave its heads up to undertakings that it was “closely following the price increases”, which it referred to as “opportunistic” during the pandemic. As such, the TCA warned in its announcement that it will impose the highest fines allowed by the Turkish Competition Law on all the undertakings, if they engage in anticompetitive practices during the COVID-19 pandemic.

Liberalization & Restriction of International Trade Amid COVID-19 – Update of Turkey’s Measures on Imports and Exports

International Trade | Articles

Liberalization & Restriction of International Trade Amid COVID-19 – Update of Turkey’s Measures on Imports and Exports

The COVID-19 pandemic is continuing to affect the global economy as well as our everyday lives. Indeed, the World Trade Organization estimates that global trade is likely to fall steeply in every region of the world and across all sectors of the economy. In an optimistic scenario, the volumes of global trade in goods could tumble by 13% in 2020. If the COVID-19 pandemic is not kept in check soon and if governments fail to coordinate policy responses, the decline could amount to 32%, or more.

How Will Turkey Deal with Unfair Practices During COVID-19 Outbreak: Establishment of the Unfair Price Assessment Board

Regulation | Articles

How Will Turkey Deal with Unfair Practices During COVID-19 Outbreak: Establishment of the Unfair Price Assessment Board

While the world is dealing with novel coronavirus pandemic, many countries resorted to protectionist measures in order to preserve the quality of social life and stability of the economy from the effects caused by the outbreak. A package of measures to that end was introduced by the Turkish lawmakers via Act No. 7244 on Reducing the Effects of the Novel Coronavirus (COVID-19) Outbreak on Economic and Social Life and Amendments to Certain Acts (“Act No. 7244“), which was promulgated in the Official Gazette dated 17 April 2020 and No. 31102.

TCA is Acting Heavy Handedly During Covid-19 Outbreak

Competition Law | Articles

TCA is Acting Heavy Handedly During Covid-19 Outbreak

In April 2020, The Turkish Competition Authority (“TCA”) initiated two separate preliminary inquiries into protective face mask industry and retail market players. These inquiries are a part of the TCA’s heavy-handed approach towards industries directly affecting consumers during Covid-19 outbreak. Our insights with respect to these inquiries and the TCA’s current way of functioning will be briefly shared with you.

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