Final And Interim Decisions Of The Turkish Competition Board

Introduction

Pursuant to Law on the Protection of Competition numbered 4054 ("Law"), the Turkish Competition Authority ("Authority") has been equipped with a broad range of powers in order to ensure the undisrupted flow of competition in the goods and services markets in Turkey. The Competition Board ("Board"), which is the decision-making and executive body of the Authority, scrutinizes the issues prohibited by the Law ex officio or upon complaints; it imposes administrative monetary fines on those that violate the Law and takes the necessary measures to terminate such violations; it approves mergers and acquisitions that result in permanent change in control, and conducts many other operations. The Board executes its operations and acts through the decisions it makes. In other words, competition law is mainly applied through the Authority's examinations, as well as the decisions rendered by the Board.