Merger Control In Türkiye: Notification Requirements And New Thresholds After The 11.02.2026 Amendments

Transactions meeting the criteria set out under Turkish merger control legislation are subject to mandatory notification to the Turkish Competition Authority (the "TCA") and may not be implemented prior to receiving the clearance of the Turkish Competition Board (the "TCB"). The substantive basis of merger control is Article 7 of Law No. 4054 on the Protection of Competition ("Competition Law"), which prohibits concentrations that significantly impede effective competition in a market in Türkiye, through the creation or strengthening of a dominant position. However, Article 7 governs the competitive assessment of a transaction rather than its notifiability.

Whether a transaction must be notified is determined under the Communiqué No. 2010/4 Concerning the Mergers and Acquisitions Calling for the Authorization of the Competition Board (the "Merger Communiqué"). Under the Merger Communiqué, a transaction is notifiable where two cumulative conditions are satisfied: