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  • Article

    Turkish Competition Authority Launched Investigation Against Dogan Muzik, Subsidiary of Dogan Holding and Operator of D&R Stores

    Turkish Competition Authority (TCA) completed its preliminary inquiry into allegations of abuse of dominant position against Doğan Müzik Kitap Mağazacılık ve Pazarlama AŞ and decided to pursue a formal inquiry.
    TurkeyAntitrust/Competition Law
    Aktay Law Firm
    Aktay Law Firm
  • Article

    Final Examination Of The Merger Between Luxottica Group S.p.A. And Essilor International S.A. Was Concluded

    The Competition Board concluded its examination of the merger concerning Luxottica Group S.p.A and Essilor International S.A. following the Board decision dated 01.10.2018 and numbered 18-36/585-286 and held that;
    TurkeyAntitrust/Competition Law
    Aktay Law Firm
    Aktay Law Firm
  • Article

    The Board Declines To Impose An Administrative Fine On Telecommunication Frontrunners

    Thus, the Board unanimously concluded not to impose an administrative fine.
    TurkeyMedia, Telecoms, IT, Entertainment
    Aktay Law Firm
    Aktay Law Firm
  • Article

    Sony Eurasia Pazarlama A.Ş. Penalized For Violating Article 4 Of The Law No: 4054 On The Protection Of Competition

    The investigation into Sony Eurasia Pazarlama A.Ş. whether the undertaking in question violated Article 4 of Law No: 4054 by determining resale prices of the products sold by its dealers was finalized.
    TurkeyAntitrust/Competition Law
    Aktay Law Firm
    Aktay Law Firm
  • Article

    Minor Amendments To The Regulation On Unlicensed Electricity Generation

    Last week, minor amendments to the Regulation have been published in the Official Gazette dated 15 May 2017 and numbered 30067.
    TurkeyEnergy and Natural Resources
    Aktay Law Firm
    Aktay Law Firm
  • Article

    Exceptional Acquisition of Turkish Citizenship

    Pursuant to the Regulation on the Implementation of Turkish Citizenship Law ("Regulation") published in the Official Gazette dated 6 April 2010 and numbered 27544, in the event of exceptional circumstances,
    TurkeyImmigration
    Aktay Law Firm
    Aktay Law Firm
  • Article

    Investigation Concerning A Major Internet Service Provider Is Concluded

    Moreover, the Board discoursed that this information resulting in favor of TTNET was supporting of this conclusion.
    TurkeyAntitrust/Competition Law
    Aktay Law Firm
    Aktay Law Firm
  • Article

    The Turkish Competition Board's Final Decision On The Investigation Of Steel Guardrail And Road Safety Systems Association And Its Members

    The Competition Board concluded its investigation of members of the Steel Guardrail and Road Safety Systems Association and some of their subsidiaries with respect to possible violations of Article 4 of the Act No: 4054 ...
    TurkeyAntitrust/Competition Law
    Aktay Law Firm
    Aktay Law Firm
  • Article

    New Incentives For Persons And Companies Operating In The Technology Development Zones Of Turkey

    Law Amending Laws and Statutory Decrees For The Development of Industry and Support of Production ("Law") has been published in the Official Gazette dated 1 July 2017 and numbered 30111.
    TurkeyGovernment, Public Sector
    Aktay Law Firm
    Aktay Law Firm
  • Article

    Restrictions Imposed On Contracts Denominated In Foreign Currency Among Turkish Residents

    Decree No. 32 regarding the Protection of the Value of the Turkish Lira has been amended by the new presidential decree dated 12/08/2018 in respect of Amending to Decree No. 32 on the Protection of the Value of the Turkish Lira
    TurkeyCorporate/Commercial Law
    Aktay Law Firm
    Aktay Law Firm
  • Article

    New Exceptions And Amendments Related To Foreign Currency Denominated Or Indexed Contracts

    Ministry of Finance and Treasury published a communiqué numbered 2018-32/52 amending Article 8 of Communiqué No: 2008/32-34, which regulates matters related to the restrictions imposed on ...
    TurkeyFinance and Banking
    Aktay Law Firm
    Aktay Law Firm
  • Article

    Turkish Competition Authority Investigation Against Sahibinden.Com

    Sahibinden has been subject of a preliminary inquiry in response to allegations of excessive pricing of corporate memberships for vehicle listings in 2014, but TCA ruled on February 19, 2015 that there was no cause to pursue formal inquiries against the company.
    TurkeyAntitrust/Competition Law
    Aktay Law Firm
    Aktay Law Firm
  • Article

    The Brand New E-Apostille System Is Put In Force As Of January 1st 2019

    Turkey's National Post Office ("PTT A.Ş.") put the brand new online apostille ("e-Apostille") system into service that enables all apostille related transactions to be completed online as of 1st January 2019.
    TurkeyMedia, Telecoms, IT, Entertainment
    Aktay Law Firm
    Aktay Law Firm
  • Article

    BRSA Amended Rules For Setting Up Of Bank Branch Offices in Turkey

    It is imperative that the bank decisions considering the taking of security measures be made in writing and justified.
    TurkeyFinance and Banking
    Aktay Law Firm
    Aktay Law Firm
  • Article

    Turkish Competition Board Imposed Administrative Fine On Sodexo, Edenred And Network

    On November 16, 2018, Turkish Competition Board ("Board") announced its final decision on the formal investigation of
    TurkeyAntitrust/Competition Law
    Aktay Law Firm
    Aktay Law Firm
  • Article

    Turkish Competition Authority Initiates Exposition And Trade Fairs Sector Study

    Principal actors in the industry are venue operators, exposition organizers and exposition participants i.e. exhibitors.
    TurkeyAntitrust/Competition Law
    Aktay Law Firm
    Aktay Law Firm
  • Article

    Amendments Introduced To Communiqué On Mergers And Acquisitions Calling For Authorization Of The Competition Board (Communiqué No.2010/4)

    Turkish Competition Authority (the "TCA") introduced certain amendments in relation to Communiqué No. 2010/4 on Mergers and Acquisitions Requiring the Approval of the Competition Board on 24 February 2017.
    TurkeyAntitrust/Competition Law
    Aktay Law Firm
    Aktay Law Firm
  • Article

    The Board's Assessment On Online Sales Bans: Strengthened Position Concerning Guidelines On Vertical Restraints

    The allegation regarding restriction on passive sales was the only allegation where the Board found basis for further evaluation.
    TurkeyAntitrust/Competition Law
    Aktay Law Firm
    Aktay Law Firm
  • Article

    New OtoCNG License And Amendments To Natural Gas Market License Regulation

    Turkish Energy Market Regulation Authority ("EMRA") recently published amendments in relation to the Natural Gas Market License Regulation ("Regulation") in the Official Gazette dated 24 May 2017...
    TurkeyEnergy and Natural Resources
    Aktay Law Firm
    Aktay Law Firm
  • Article

    Exceptions Relating to Restrictions Previously Imposed

    Ministry of Finance and Treasury ("Ministry") published a communiqué ("Communiqué") amending Article 8 of Communiqué No: 2008/32-34, which regulates matters left to the Ministry's discretion by Decree No: 32 on Protection of the Value of Turkish Currency ("Decree").
    TurkeyFinance and Banking
    Aktay Law Firm
    Aktay Law Firm

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