Quarterly Competition Law Bulletin – 2023 First Quarter

The most significant development in the first quarter of 2023 was the Turkish Competition Authority's (the "TCA") publication of the Final Sector Inquiry Report on Fast-Moving Consumer Goods Retailing (the "FMCG Sector Report"). The Competition Board (the "Board") also rendered notable decisions in this period, consisting of (i) the decision imposing an administrative fine on Elon R. Musk for failing to notify the acquisition of Twitter Inc.'s sole control, (ii) the decision imposing an administrative fine on undertakings active in the biopharma logistics sector on the grounds of customer allocation, (iii) the reasoned decision regarding the preliminary investigation concerning certain banks' practices against payment system providers, and (iv) new decisions on the obstruction of on-site inspections. In addition, the Constitutional Court's reasoned decision concerning the annulment request of the Law No. 4054 on the Protection of Competition's ("Competition Law")