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ARTICLE · 18 JULY 2011

The Draft Guidelines On Commitments To Remedy Competition Authority Concerns

Hergüner Bilgen Üçer Attorney Partnership
Hergüner Bilgen Üçer Attorney Partnership
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Hergüner Bilgen Üçer Attorney Partnership

Hergüner Bilgen Üçer Attorney Partnership

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The Communiqué on Mergers and Acquisitions Calling for the Authorization of the Competition Board ("Communiqué No. 2010/4") that entered into force on 1 January 2011 establishes the legal basis for the institution of commitments to remedy the Turkish Competition Authority’s concerns arising from market concentrations created by mergers and/or acquisitions.

TurkeyAntitrust/Competition Law
Hergüner Bilgen Üçer
Hergüner Bilgen Üçer
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The Communiqué on Mergers and Acquisitions Calling for the Authorization of the Competition Board ("Communiqué No. 2010/4") that entered into force on 1 January 2011 establishes the legal basis for the institution of commitments to remedy the Turkish Competition Authority's concerns arising from market concentrations created by mergers and/or acquisitions. Following publication of Communiqué No. 2010/4, the Draft Guidelines on Remedies Acceptable by the Competition Authority in Merger and Acquisition Operations (the "Draft Guidelines") were submitted to the public for comments in February 2011 through the official website of the Competition Authority.

The Draft Guidelines state general principles, types and conditions of commitments, and the methods for their execution.

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