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The Guideline Regarding the Regulation on Active Cooperation for the Purpose of Discovery of Cartels is prepared in order to provide certainty in interpretations, to reduce uncertainty in practice and to provide guidance for the undertakings in order for them to benefit from the leniency program more efficiently as a requirement of transparency principle.

Turkish Competition Board (the "Board") issued its decision ("Decision") regarding the investigation launched against Ferrero Fındık İthalat İhracat ve Tic. AŞ ("Ferrero Fındık")...

The Turkish Competition Board ("Board") recently published its reasoned decision on the preliminary investigation conducted against Türk Telekomünikasyon A.Ş. ("Türk Telekom") and TTNET A.Ş. ("TTNET").

On 12 June 2026, the Turkish Ministry of Justice announced that a criminal investigation had been launched against companies and executives active in the Turkish poultry (white meat) sector, on the grounds that their conduct distorted the functioning of the market, caused unjustified price increases, and harmed consumers.

In 2025, the Organization for Economic Co-operation and Development ("OECD") released a new report titled "Governments' assessments of corporate anti-corruption compliance...

According to preamble of Article 28, the reason of this article is to protect other shareholders and investors that hold ordinary shares and are not able to take part in the management of a public

On July 21st, 2016, Capital Markets Board of Turkey ("Board") announced via a press release that certain limitations set out by the Board's Share Repurchase Communiqué, published on the Official Gazette of January 3rd, 2014 ("Communiqué"), shall not be applicable until the Board announces that they shall be applicable again.

Communiqué on Distribution of Advance Dividend, introduced by the Ministry of Customs and Trade, regulates the procedures and principles of distribution of advance dividend within the relevant fiscal year in . . .

Companies may issue different types of shares (e.g., ordinary shares or privileged shares) and different rights can be attached to these distinct types of shares for a variety of purposes.

Overall, this was a less active year in terms of Foreign Corrupt Practices Act ("FCPA") enforcement actions, at least when compared to 2016. In 2017, the Department of Justice ("DOJ") took a total of 9 enforcement actions and the Securities and Exchange Commission ("SEC") took a total of 7 enforcement actions.

In our globalized world where trade has no borders, it is a usual practice for companies to conduct operations in different countries, including Turkey.

This article is focused on how the forward looking statements should be processed by issuers as per the Communiqué.

Mandatory mediation for commercial disputes is a legal procedural requirement in Turkey that requires parties to engage in mediation before initiating a lawsuit.

On 29 May 2017, the Personal Data Protection Authority ("DPA") published the Draft Regulation on the Erasure, Destruction or Anonymization of Personal Data ("Draft Regulation") on its official website, and invited public comment on the relevant secondary legislation.

Personal data is defined under the Law on Protection of Personal Data No. 6698 ("Turkish DP Law") which is enacted on April 7, 2016 based on the EU Directive 95/46/EC.

The Turkish Competition Board concluded the investigation into the pricing algorithm practices of multi-category e-marketplaces and determined that the pricing algorithms used on the e-marketplace platform …

Turkish company law allows joint stock companies to acquire its own shares subject to conditions stipulated under Articles 379 – 389 of the Turkish Commercial Code No. 6102, which are mainly based on the 77/91/EEC Second Council Directive ...

The garden leave is a debated matter under labor law.