Tag: #turkishcompetitionlaw

Coca-Cola investigation fizzles out: Turkish Coca-Cola bottler subsidiary probe closed with commitments

The commitment mechanism entered Turkey’s competition law scene in 2020 following an amendment to Law No. 4054 on the Protection of Competition (“Competition Law”). With this new tool, the Competition Board may decide (i) not to turn a preliminary investigation into a full-fledged investigation, or (ii) to end an on-going full-fledged investigation by making a proposed commitment package binding on the relevant party, provided that it deems the submitted commitment package adequate to eliminate...

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