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ARTICLE · 02 AUGUST 2024

Sustainability Practices Through The Lens Of Competition Law

Gen Temizer Erdogan Girgin Attorney Partnership
Gen Temizer Erdogan Girgin Attorney Partnership
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Sustainability agreements1 have been gaining traction across the globe requiring competition law practices to provide clear, concise advice to their clients.

TurkeyAntitrust/Competition Law

Introduction

Sustainability agreements1 have been gaining traction across the globe requiring competition law practices to provide clear, concise advice to their clients. We aim to provide an overview of how ESG2 processes are assessed under Turkish competition law and in other jurisdictions.

Sustainability Agreements under Turkish Competition Law

The Turkish Competition Authority does not provide direct guidance on the assessment of ESG processes under Law No. 4054 on the Protection of Competition ("Law No. 4054"). Therefore, ESG agreements are assessed in accordance with the guidelines3 and general principles it has issued.

In Türkiye, agreements between competitors are examined within the scope of Article 4, Law No. 4054. If an agreement between competitors has, or is likely to have, a negative impact on at least one parameter, including price, production quantity, product quality, product diversity or innovation, it will be deemed restrictive of

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