Two-minute recap of recent developments in Turkish competition law – September 2020

October 2020 – After initiating several on-going investigations and two sector inquiries (on digital markets and on e-commerce), it can be said that September was quite an active month for the Turkish Competition Authority (TCA). In September there were 13 merger control cases, slightly less than the same period in 2019, but generally in line with the trend of increasing case numbers following the gradual wearing off of the Covid-19 effect. It can also be stated that the number of merger...

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Two-minute recap of recent developments in Turkish competition law – August 2020

September 2020 – Turkish merger control activities in August continued the momentum gained in previous months. Merger control activity was higher compared to August 2019. As we have previously announced the oral hearings for the on-going investigations had been postponed for an in definite period by the Turkish Competition Authority (the “TCA”) due to global pandemic. This had crippled the ability of the TCA to take final decisions on these investigations. Now the TCA is looking into the...

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Two-minute recap of recent developments in Turkish competition law – July 2020

August 2020 – In July it appears that Turkish merger control activities left the effect of the COVID-19 pandemic behind. Based on the M&A decisions table, the number of M&A decisions shows a significant increase compared to the previous three months. However, the table shows that the number of M&A decisions remains below the number in 2019. On 16 July, the Turkish Competition Authority (“TCA”) announced that a sector inquiry [1] has been initiated...

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Turkey: What is in the Bill on Social Networks?

July 2020 – On 29 July 2020, important amendments were made by the Turkish parliament to the “Law on the Regulation of Broadcasts via the Internet and Prevention of Crimes Committed through Such Broadcasts” (“Law No. 5651”). Law No. 5651 is the main piece of legislation covering the dissemination of information on the Internet and until now did not directly cover content on social media. Below is a summary of the main modifications related to Internet companies that the new law introduces. A...

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Two-minute recap of recent developments in Turkish competition law – June 2020

July 2020 – The most important Turkish competition law development in June was the enactment of a law that entered into force on 24 June 2020, bringing significant amendments to Law No. 4054 on the Protection of Competition (“Turkish Competition Law”). These changes aim to bring competition legislation in Turkey much more in line with the EU competition law. For more details on this please see our article on this topic. Merger control activity appears to have returned to...

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Amendments to Turkish Competition Law—five significant changes

June 2020 – Several long-awaited and comprehensive amendments to Law No. 4054 on the Protection of Competition (“Law No. 4054“) were approved by the Turkish parliament on 16 June 2020. In general two types of amendments have been made to Law No. 4054. The first codify and thus provide clarification to already implemented practices in Turkish competition law, which are mainly de facto adaptations of European competition law. The second type of amendments introduce...

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Two-minute recap of recent developments in Turkish competition law – May 2020

June 2020 – The most important competition law development in May was the Draft Proposal to Amend the Competition Law (the “Draft Bill”), which is covered below. With regards to merger control activity, May was the month that the effects of the global recession started to be felt in Turkey. The chart below shows the decline in the number of merger control decisions issued by the Turkish Competition Authority (“TCA”) and the number of new transactions notified to the TCA. This is mainly...

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Turkish Competition Authority designates its strategy unit for digital markets

11 May 2020 – The Turkish Competition Authority (‘TCA’) has recently empowered its already existing Strategy Development Department for digital markets. In an announcement on 8 May 2020, the TCA highlighted that increasing developments in recent weeks on the digital economy have produced both local and global impacts. In response, competition authorities have to monitor closely the effects of multi-sided platforms and algorithms on both markets and consumers. In its announcement the TCA...

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Two-minute recap of recent developments in Turkish competition law – April 2020

7 May 2020 – In April, the Turkish Competition Authority (“TCA”) continued to issue decisions, receive online filings and submissions, and initiate preliminary investigations despite working from home. It can be said that it is nearly business as usual. The only exceptions are the final decisions regarding on-going investigations, as they require an oral hearing and there is no online oral hearing system in place, at least not at present. It currently appears that the impact of global...

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GTO / Kinstellar Podcast Series: Force Majeure in international sales contracts

22 April 2020 – Welcome to GTO / Kinstellar’s podcast series! Today’s episode features a discussion on force majeure clauses in international business contracts within the context of the COVID-19 pandemic between Edmund Emre Özer (Partner) and Bulut Girgin (Counsel) at Gen & Temizer I Özer — Kinstellar’s affiliated attorney partnership in Turkey. Click here to listen. We are at the disposal of all our clients at our Legal Response Hotline, at&nbs...

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