Competition & Trade Quarterly – First Edition, 2026

COMPETITION SECTION

 A NEW ERA IN THE MERGER CONTROL REGIME!

The recent amendments to Communiqué No. 2010/4 have significantly updated both the notification thresholds and the Board’s assessment framework in the merger control regime; the updated guidelines have also concretized the principles governing the implementation of this new approach¹.

The significant amendment is the update of the notification analysis and turnover thresholds. According to updated thresholds, for a transaction to be subject to authorization, either (i) the aggregate Turkish turnovers of the transaction parties must exceed TRY 3 billion and the Turkish turnovers of at least two of the transaction parties must each exceed TRY 1 billion, or (ii) in acquisition transactions, the turnover in Türkiye of the assets or business subject to acquisition, and in merger transactions, the Turkish turnover of at least one of the transaction parties, must exceed TRY 1 billion, while the worldwide turnover of at least one