TCA Revises Terms Of Block Exemption For Motor Vehicle Sector

Turkish Competition Authority (TCA) has published a new Block Exemption Communiqué (Communiqué No. 2017/3) for the Vertical Agreements in the Motor Vehicle Sector ("New Communiqué) on 24 February 2017, updating terms of the block exemption on specified vertical arrangements. With this New Communiqué, the Competition Authority has instituted some changes in policy, in line with the 2011 sector study that they have conducted. This regulatory update follows a similar update by the European Commission, whose Regulation No. 461/2010 necessitated changes to some of the provisions of its Regulation No. 1400/2002.

The New Communiqué, replaces Communiqué No. 2005/4 which was in force since January 1, 2006. The Competition Authority has instituted a grace period of two years to achieve compliance with new provisions stipulated in the new communiqué.