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Establishment of the Rebar Monitoring System:  New Obligations for Rebar Producers, Importers and Taxpayers Operating in the Construction Sector?

Regulation | Articles

Establishment of the Rebar Monitoring System: New Obligations for Rebar Producers, Importers and Taxpayers Operating in the Construction Sector?

On 16 March 2023, the Ministry of Treasury and Finance (Turkish Revenue Administration) published the General Communiqué on Application of Rebar Monitoring System. After emphasizing the importance of monitoring and analysing certain inputs of the construction industry for the prevention of tax evasion and the building safety, the Communiqué sets out the main procedures and ...

The Constitutional Court of Turkey Examined the Constitutionality of the Amendments Made in 2020 to Turkish Competition Law

Competition Law | Articles

The Constitutional Court of Turkey Examined the Constitutionality of the Amendments Made in 2020 to Turkish Competition Law

The Constitutional Court of Turkey (the “Court”) delivered a judgment on 9 November 2022 regarding the action for an annulment application made by the 137 members of the Grand National Assembly of Turkey against amendments introduced in 2020 to various articles of Law No. 4054 on the Protection of Competition (“Competition Law”).

State Aids – Does New Regulation Bring Precision?

Regulation | Articles

State Aids – Does New Regulation Bring Precision?

On 31 March 2023, a Presidential decision was announced in Official Gazette with respect to the enactment of the Regulation on the Procedures and Principles Regarding the Implementation, Coordination, Monitoring and Evaluation of State Aids (“Regulation”). The relevant regulation appears to bring clarity regarding the definition of state aids and procedures ...

Lawyers@Work

Competition Law | News

Lawyers@Work

Members of ELSA visited ACTECON's offices on Friday, March 31, 2023, as part of the Lawyers@Work event organised by ELSA, and discussed competition law with our Senior Associates, Muhammed Safa Uygur and Alper Karafil.

Brief Note on the Turkish Ministry’s Assessments Regarding Certain Arguments in Some of Its Trade Remedies Investigations Completed in 2022

International Trade | Articles

Brief Note on the Turkish Ministry’s Assessments Regarding Certain Arguments in Some of Its Trade Remedies Investigations Completed in 2022

In 2022, the Turkish Ministry of Trade (“Ministry”) continued its intensive work in trade remedies and made certain striking assessments which may shed light on the potential approaches that might be adopted by the Ministry in the future cases and which matter to exporters in their international trade compliance policies.

New Rules on Agricultural Research and Development Support Programme

Regulation | Articles

New Rules on Agricultural Research and Development Support Programme

It is possible to develop technology to provide sufficient and safe access to food for the rapidly increasing population with limited agricultural resources, only through Research and Development (“R&D”) and innovation activities.

EU's Foreign Subsidies Regulation

Regulation | News

EU's Foreign Subsidies Regulation

European Commission’s (EC) recent Foreign Subsidies Regulation (FSR) allows the EC to review subsidies granted by non-European Union (EU) states to companies operating in the EU.

The Turkish Competition Authority Fines Elon Musk due to Failure to Notify the Twitter Deal

Competition Law | Articles

The Turkish Competition Authority Fines Elon Musk due to Failure to Notify the Twitter Deal

On 06.03.2023, the Turkish Competition Authority ("TCA”) announced its decision to fine Elon Musk due to failure to notify the $44 billion deal to acquire Twitter.

The Turkish Competition Authority Concluded Its Preliminary Investigation Regarding Car Rental Services Market

Competition Law | Articles

The Turkish Competition Authority Concluded Its Preliminary Investigation Regarding Car Rental Services Market

On 31 January 2023, Turkish Competition Authority’s (“TCA”) decision dated 21 July 2022 and numbered 22-33/526-212 regarding a preliminary investigation into the car rental services market (the “Decision”) was published on the TCA’S official website. Back in 2020, the TCA started this preliminary investigation in order to determine whether the undertakings that are engaged in ...

Main Developments in Competition Law and Policy 2022 – Turkey

Competition Law | Articles

Main Developments in Competition Law and Policy 2022 – Turkey

If we are to summarise competition law developments of Turkey for 2022 in a few headlines, these would include the amendments to the merger control thresholds, the exceptions introduced for the technology undertakings with a view to catching killer acquisitions, the increased scrutiny over online platforms, the closer relationship between competition law and data ...

The TCA Publishes Pioneer Decisions on the Simultaneous Implementation of the Leniency and Settlement Procedures

Competition Law | Articles

The TCA Publishes Pioneer Decisions on the Simultaneous Implementation of the Leniency and Settlement Procedures

Following the introduction of the settlement procedure, the number of undertakings applying for settlement has been increasing consistently. In this respect, the Turkish Competition Authority’s (“TCA”) evaluations regarding the implementation of the settlement procedure have become an object of curiosity as the investigations that ended with settlement decisions continue to be announced on the official website of the TCA.

The Turkish Competition Authority Takes a Wide Interpretation of the “Technology Undertaking” Exception Applicable to the Turkey’s Merger Control Thresholds

Competition Law | Articles

The Turkish Competition Authority Takes a Wide Interpretation of the “Technology Undertaking” Exception Applicable to the Turkey’s Merger Control Thresholds

The interpretation of the exemption brought for “technology undertakings” took a sudden turn with the Turkish Competition Authority’s (“TCA”) recent Berkshire Hathaway Decision (15.09.2022, 22-42/625-261) which resolved that the exception brought to the merger control thresholds by the recent amendment for the technology undertakings shall be considered applicable, even if the activities ...

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