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ARTICLE · 07 MAY 2013

A Revised Guideline On Undertakings Concerned, Turnover And Ancillary Restraints In Merger And Acquisitions Published By The Turkish Competition Authority

ELIG Gürkaynak Attorneys-at-Law
ELIG Gürkaynak Attorneys-at-Law
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ELIG Gürkaynak Attorneys-at-Law

ELIG Gürkaynak Attorneys-at-Law

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A very recent secondary legislation by the Turkish Competition Authority concerning the Turkish merger control regime further signals that modernization of the Turkish merger control regime will be one of the top priorities of the Turkish Competition Authority in 2013.

TurkeyAntitrust/Competition Law
Gönenç Gürkaynak
Gönenç Gürkaynak
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A very recent secondary legislation by the Turkish Competition Authority concerning the Turkish merger control regime further signals that modernization of the Turkish merger control regime will be one of the top priorities of the Turkish Competition Authority in 2013. The Competition Authority revised and published its Guideline on Undertakings Concerned Turnover and Ancillary Restraints in Merger and Acquisitions ("Guideline") with the aim of reflecting the changes that have been brought to the Turkish merger control regime.

The legislative activities of the Competition Authority for year 2013 began with the introduction of the Communique No. 2012/3 on the Amendment of Communique no. 2010/4 on the Mergers and Acquisitions Subject to the Approval of the Competition Board which came into effect as of February 1st, 2013 and amended the jurisdictional turnover thresholds. In this respect, the first alternative threshold provided by Communique No. 2010/4 concerning the

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