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ARTICLE · 24 JANUARY 2025

Overview Of The Turkish Competition Authority's Merger Control Enforcement In 2024

Kolcuoglu Demirkan Koçakli
Kolcuoglu Demirkan Koçakli
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Kolcuoglu Demirkan Koçakli

Kolcuoglu Demirkan Koçakli

The Firm Kolcuoğlu Demirkan Koçaklı (KDK) is an independent Turkish law firm advising domestic and...

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On 7 January 2025, the Turkish Competition Authority (the "TCA") published its annual "Mergers and Acquisitions Overview Report" (the "Report") for 2024. The Report presents important data regarding mergers and acquisitions examined by the Competition Board (the "Board") over the course of 2024 and helps to observe the most recent trends in the TCA's merger control enforcement.

TurkeyAntitrust/Competition Law

On 7 January 2025, the Turkish Competition Authority (the "TCA") published its annual "Mergers and Acquisitions Overview Report" (the "Report") for 2024.1 The Report presents important data regarding mergers and acquisitions examined by the Competition Board (the "Board") over the course of 2024 and helps to observe the most recent trends in the TCA's merger control enforcement.

M&A Transactions in Numbers:

In 2024, the TCA reviewed 311 transactions with a total value of approximately TRY 17.4 trillion (approx. USD 530.9 billion)2. 75 of these transactions involved only Turkish parties, while 167 transactions involved solely foreign parties. Also, the TCA reviewed six privatization transactions.

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