On October 10, 2017, the Turkish Competition Board decided to take a closer look into the merger of Luxottica Group S.p.A. and Essilor International S.A. by taking the merger control notification to Phase 2 review.

The Law on the Publicity and Development of Tourism Agency numbered 7183 ("Law") was published in the Official Gazette on 15.07.2019.

According to Article 127 and 342/1 of the Turkish Commercial Code, shareholders' mature receivables from a company can be invested in that company as capital in-kind.

The United Nations Conference on Trade and Development study on trade efficiency shows that an average trade transaction passes through 27 to 30 parties and in this process at least 40 documents are needed.

Article 376 of the Turkish Commercial Code regulates specific cases of capital inadequacy in joint stock and limited liability companies and requires certain corporate actions to be taken in each case.

Journalism is a domain specifically protected by Press Labour Law numbered 5953 ("Press Labour Law") and it differs from the general labour law rules in Turkey.

Following is the procedure that must be followed in order to transfer shares in limited liability companies in Turkey...

Share transfer in a company does not affect the company's employees (save for cases where the working conditions of the employees adversely change due to the practices of the new management).

International Private and Procedure Law No. 5718 ("IPPL") allows parties to a contract bearing a foreign element freely choose the governing law to be applied to disputes arising out of such contract...

The Regulation on the Working Procedure and Principles of the Personal Data Protection Board ("Regulation") is published in the Official Gazette dated 16 November 2017 and entered into force immediately.

Turkey has always been a friendly environment for foreign investment and has been allowing foreigners to buy real property since 1934 with certain restrictions and requirements.

Transferability of bearer shares (consideration of which has fully paid in) in joint stock companies cannot be limited or restricted in any way.

Under the Turkish Merger Control Regime, certain types of transactions that exceed the thresholds may be subject to a mandatory notification to the Turkish Competition Authority in the event...

An important legislation has been published in the Official Gazette dated 15.04.2015 numbered 29327.

Turkish Personal Data Protection Board ("Board") has shed light on the legal situation of foreign companies and their liaison offices and branches in Turkey in terms of whether they are to be considered as data controllers ...

This non-compete obligation only applies to the businesses that the company actually performs and which are carried out with a commercial purpose.

Operating as legal entities established under the Turkish Commercial Code, the management and administration of media organizations in Turkey are, by all means, subject to the provisions of the TCC.

Article 5/3 of the Communiqué No. 2010/4 defines a joint venture as an entity that permanently fulfills all functions of an independent economic entity.

In parallel with fast-moving social and commercial developments, Turkey has always sought for a better judicial system in order to provide up-to-date and more efficient regulations in line with the social and commercial ...

The Mediation Law shall apply to private law disputes arising from the transactions that the parties can freely utilise. Including those with a foreign element.