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ARTICLE · 06 FEBRUARY 2018

Negative Clearance And Exemption Under Turkish Competition Law

Aktay Law Firm
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A guide to the assessment of negative clearance and exemption under Turkish Competition Law.

TurkeyAntitrust/Competition Law
Faruk Aktay
Faruk Aktay
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A guide to the assessment of negative clearance and exemption under Turkish Competition Law.

What are the applicable provisions governing negative clearance and exemptions?

Article 4 of the Law No: 4054 on the Protection of Competition ("Law") prohibits agreements between undertakings restrictive of competition. According to Article 4 of the Law, "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". The article also lists certain practices that are prohibited1. However, the list is not exhaustive thus not limited to the examples provided therein.

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