Merger Control Thresholds To Be Revisited In 2017

1. Introduction

The Turkish Competition Authority (the "TCA") reviews the merger control thresholds every two years. The next deadline for the TCA to confirm or revise the thresholds is scheduled for the beginning of 2017. The main purpose of the merger control thresholds revision is to align the merger control regime with the changing market/economic realities and decrease the workload of the TCA by way of excluding review of transactions that are unlikely to affect competition in the market, but at the same time make sure that all the problematic transactions are caught and carefully assessed. This is also positive for the business parties as it decreases the burden of complying with the merger control requirements in certain cases.