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Few will dispute ELIG, Attorneys-at-Law’s position as the best firm for competition law in Turkey. According to one satisfied client: ‘they speak excellent English, their levels of responsiveness are akin to a major UK or US law firm and they provide efficient solutions which makes their fees worthwhile.’ The firm provides an exhaustive range of services to clients, including mock dawn raids, seminars as well as merger filings, and defence and appeals before the Competition Board. Major clients over the past year have included Warner Bros, Lafarge, Goldman Sachs, Bank of America and Porsche. Gonenc Gurcaynak heads the market-leading group.

Mehtap Yildirim Öztürk is the main competition partner at Çakmak Avukatlik Bürosu, which regularly represents clients challenging decisions of the Competition Board. The practice also provides invaluable support to the firm’s highly regarded corporate and M&A practice.

The competition and antitrust practice at Cerrahoglu Law Firm more than compliments the firm’s market leading corporate group, which acts for an impressive range of international and domestic clients. Aysegül Yalçinmani, Selen Güres and the up and coming Seçil Abali are all recommended.

EsinIsmen made even stronger inroads into the competition sector following the recruitment of Ozge Icoz from Mehmet Gün & Partners. The firm now has three senior lawyers working in this field, including Tolga Ismen and Zumrut Esin. Recently it advised BAT, Metro, Tetra Pak and Amgen on competition matters, and made nearly 20 notifications to the Competition Authority in 2008.

Hergüner Bilgen Özeke, which provides excellent support to its active M&A team, is praised for its ‘high level of technical advice and quality of work. The quality of their team at all levels is good, especially at the junior level.’ Clients commend Itir Sevim Ciftci whose ‘sound judgement and experience helped navigate through what was a complicated and difficult deal.

Togan Turan heads Paksoy’s quality practice. The team gets regular work from the firm’s highly active M&A group, and recently advised BNP Paribas in relation to its proposed acquisition of Fortis Bank. The work involves filing regular merger notifications to the Competition Board, and appearing before the courts to challenge decisions. Partner Pinar Eryürekli is also highly recommended.

Tolga Karatas is the main contact at Pekin & Pekin, where much of the work comes from advising clients on merger filings. Recent highlights included advising on competition issues related to the privatisation of Tekel. The firm also acted on significant deals in the car rental, pharmaceuticals, banking and healthcare sectors.

ACTECON Competition & Regulation Consultancy is a boutique firm that commands an excellent reputation. The firm regularly represents clients from the automotive, cement, steel and pharmaceuticals industries. Partners Bülent Çamlica, Dr. Fevzi Toksoy, Sahin Ardiyok and Ali Ilicak come highly recommended.

Akol Avukatlik Bürosu has suffered several key departures on the competition front, including Aydin Düren, Sarp Senol and Emre Derman. Nevertheless, the firm’s busy corporate practice ensures a heavy workload for which Eren Gonen is now the main contact. Highlights include advising Intergum on its sale to Cadbury-Schweppes and the subsequent authorisation by the Competition Board.

Çaga & Çaga Law Firm is active for its clients in the media and advertising industries, regularly challenging decisions made by the Competition Board. Barbaros Çaga and Sevda Ar are the two main partners in this area.

Erdem & Erdem Consultancy advises clients challenging decisions and fines imposed by the Competition Authority, and regularly represents clients under investigation. Senior partner Ercument Erdem is recommended.

Ilknur Peksen and Dogan Eymirlioglu are the most active competition partners at Ersoy Bilgehan Lawyers & Consultants. The firm has a strong private equity client base, which it regularly represents before the Competition Board. It also advised a major client in the chemicals sector on a merger clearance.

Güner Law Office’s team works closely with Denton Wilde Sapte on related matters, obtaining clearance from the Competition Board for Cadbury-Schweppes’ acquisition of Turkey’s largest chewing gum producer, Intergum. The firm also recently achieved consent for a client in a major joint venture in the steel sector.

Gürel Yörüker Law Firm is well regarded for competition law, and is particularly recommended for antitrust matters.

Mehmet Gün & Partners will miss the expertise of Ozge Icoz who left the firm to join EsinIsmen. Nevertheless, name partner Mehmet Gün is recommended for EU and competition work. The firm recently represented a significant client in the media sector on a major merger filing.

Pekin & Bayar Law Firm regularly advises on competition and antitrust matters thanks to the firm’s very active corporate and M&A practice. This includes filings to the Competition Authority for exemptions and negative clearances.

YukselKarkinKucuk had a busy year advising on merger filings, such as for Ulker Group on its takeover of Godiva, and to Linde on its merger with BOC. Zeynep Ozeren and Cuneyt Yuksel are recommended.

Bircanoglu Attorneys at Law is experienced in advising industrial groups on anti-dumping issues and is also recommended for general competition work. Erol Bircanoglu is also known for his expertise in antitrust and trade regulation.

Cosar Attorneys at Law has a good stable of clients that it represents on competition matters, including several in the automotive, retail and technology sectors. The practice is backed up by the firm’s dispute resolution group.

Cukur & Yilmaz acts for a number of domestic and international clients on merger filings and investigations. The firm recently recruited new practice head Ozlem Kurt.

Kolcuoglu & Karabulut recently advised Deri Sanayicileri Dis Ticaret and Fashion Chemicals on the competition issues related to their acquisition of Pulcra Chemicals, a global leader in the industrial chemicals sector. Huseyin Karabulut enjoys a good reputation.

Özel & Özel’s Ekin Güncan is the key partner for competition work. The firm’s active M&A practice ensures regular filings before the Competition Board.

Dr. Esin Çamlibel is the main contact at Turunç, which regularly advises its domestic and international clients on related issues, as well as offering training.

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Legal Developments in Turkey

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Legal Newsletter Q4/2009

    The latest quarterly Pekin & Pekin Legal Newsletter has been published. Outlining key developments in the past three months, the newsletter is an essential source of concise information for those outside of Turkey keeping track of legislative changes. This quarter looks at the new Cheque Law, REITS, new rates of taxation and important regulatory developments in the energy and telecoms sector.
    - Pekin & Pekin
  • Proposed amendments on pending ‘Draft Turkish Banking Law’:

    Proposed amendments on pending ‘Draft Turkish Banking Law’: Is it constituting a hindrance for new comers to the market?
    - D & D Law Firm
  • INTRODUCING THE UMBRELLA ENVIRONMENTAL PERMIT: “ENVIRONMENT PERMIT AND LICENSE”

    The “Regulation on the Permits and Licenses required under the Environment Law” (Environment Permit and License Regulation), introduced in April 2009, sets forth the procedures under the Environment Law for obtaining the permits and licenses for activities listed in Annexes 1 and 2. Under this Regulation:
    - Hergüner Bilgen Özeke
  • LEASE VS. RIGHT OF CONSTRUCTION: WHICH WINS OUT IN A NEW REAL ESTATE DEVELOPMENT?

    The lease – the leading option for real property investors in Turkey – has a strong competitor these days: the right of construction. Factors such as the nature of the site, the purpose of the investment and the investment fund help investors to determine the appropriate transaction type. But apart from assessing these commercial and financial concerns, a comparison of the respective benefits of the lease agreement (right in personam) and right of construction agreement (right in rem) from a legal perspective can help in making the right investment, in the right place, with the right kind of real estate transaction.
    - Hergüner Bilgen Özeke
  • WHAT’S NEW IN THE DRAFT TRADEMARK LAW?

    Decree with Force of Law No. 556 (“Trademark Decree”), prepared and issued by the Council of Ministers in accordance with Directive 89/104 EEC of European Council and European Community Regulation (EC) No 40/94 on Trademarks, introduced the formal protection of trademarks in Turkey.
    - Hergüner Bilgen Özeke
  • MEDIATION: TURKEY ON THE VERGE OF A NEW TERRITORY?

    Since 2007, the Turkish government has been working on a mediation model for the settlement of disputes. The Draft Law on Mediation of Civil Disputes (the "Draft Law") is currently pending for the review by the justice sub-commission of the Turkish Parliament. Following the review of the sub-commission, the Draft Law will be voted on in Parliament in order to be enacted.
    - Paksoy
  • ABUSE OF DOMINANT POSITION

    Market competition is regulated in Turkey by the Competition Law enacted on 7 Decem-ber 1994. The regulatory authority is the Competition Authority and the decision-mak-ing body is the Competition Board. The Com-petition Law has three pillars: (i) agreements, decisions and practices preventing, distort-ing or restricting competition in markets for goods and services; (ii) abuse of dominance by the undertakings dominant in the market; and (iii) the control of mergers and acqui-sitions that could lead to the creation or strengthening of a dominant position.
    - Paksoy
  • TENDER OFFER RULES – TURKEY

    On 2 September 2009, the Turkish Capital Markets Board (the “CMB”) promulgated a new set of rules on tender offers relating to public companies. The new tender offer rules replaced the earlier CMB regulation on the matter, and introduced important changes on mandatory offers, terms of offers, minimum offer value, payment of consideration, voluntary offers, rules, procedures and principles to be complied with, and so on.
    - Paksoy
  • THE ENFORCEMENT PROCEDURE OF ARBITRAL AWARDS IN TURKEY

    Foreign judgments including the ones from arbitration courts or tribunals become recognizable under Turkish law via separate judgment of the Turkish Courts called ‘recognition and enforcement decisions’(in Turkish the procedure is named ‘tenfiz’). Following such decisions by Turkish Courts, the foreign judgment or arbitral award becomes enforceable in Turkey as a Turkish Court decision and any monetary debt may be collected accordingly through execution filings dependent on the execution (bailiff) offices of the Courts.
    - ADMD Law Office
  • Cash pooling in Turkey – an end to prohibition

    Slowly but surely, financial law in Turkey is moving toward global standards. Turkish banks are currently in the midst of implementing new cash pooling policies, following amendments passed last year to the foreign exchange regulations. In line with the newly legalised practice of physical pooling, Turkish companies are now able to transfer via banks cash funds abroad for investments or to conduct commercial activities through a newco, partnership or branch, allowing for the reciprocal flow of funds.
    - Pekin & Pekin

Press releases

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to