GTO Series On Turkey's New Merger Control Regime – 2

What brings the brand-new notification form concerning mergers and acquisitions?

On 4 March 2022, the Turkish Competition Authority introduced substantial amendments to Turkey's merger control rules by publishing an amending communiqué. The turnover thresholds valid since 2013 have been changed,¹ the concept of "Technology Undertakings" has been established ( here is our overview on the topic) and the notification form concerning mergers and acquisitions that has been used for more than ten years has been revised. The amending communiqué² and the accompanying amended notification form will come into force on 4 May 2022. In this article we provide an overview of the changes introduced by the amending communiqué and points to consider when submitting a merger control filing to the Turkish Competition Authority.