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ARTICLE · 07 FEBRUARY 2008

Group Exemptions Of Vertical Agreements In Turkish Law

ADMD/Mavioglu & Alkan Law Office
ADMD/Mavioglu & Alkan Law Office
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ADMD/Mavioglu & Alkan Law Office

ADMD/Mavioglu & Alkan Law Office

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Competition (anti-trust) law was first established with Law No. 4054 titled ‘The Law on the Protection of Competition’ in Turkey

TurkeyAntitrust/Competition Law
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By Derya Cindioğlu

ADMD Law Office, Istanbul TURKEY

Competition (anti-trust) law was first established with Law No. 4054 titled 'The Law on the Protection of Competition' in Turkey. The fourth article of such law titled "Agreements, Concerted Practices and Decisions Limiting Competition" sets different types of principles for purpose.

Perhaps the most commonly referred part of such article is the following statement: "Agreements and concerted practices between undertakings, and decisions and practices of associations of undertakings which have as their object or effect or likely effect the prevention, distortion or restriction of competition directly or indirectly in a particular market for goods or services are illegal and prohibited." Although the article simply suggests for agreements we need to dig deeper in order to understand what types of agreements are subject to what types of

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