The Board Conditionally Clears A Horizontal Transaction In The Online Comparative Ticket Sales Market

The Turkish Competition Authority (the "Authority") published its Obilet/Biletal decision where it conditionally approved the acquisition of Biletal İç ve Dış Ticaret A.Ş.'s (“Biletal”) sole control by Obilet Bilişim Sistemleri A.Ş. (“Obilet”) and decided that the proposed transaction would not result in significant impediment of effective competition under Article 7 of Law No. 4054 on the Protection of Competition ("Law No. 4054")¹ subject to commitments proposed by the parties.

By way of some background information, Obilet is primarily active in the field of comparison and sale of online bus and flight tickets through its own web site and mobile applications, providing excursion search, comparison, live support and ticket purchase services under a single platform. Biletal primarily supplies online excursion tickets, acting as a marketplace by way of electronically listing the services of local and foreign airlines and more than 150 local bus companies. Moreover,