As most competition authorities around the globe, Turkish
Competition Board ('Board") has
the power to request all kinds of information it deems necessary
from all public institutions and organizations, undertakings and
associations of undertakings while performing the duties assigned
to it by the Law No. 4054 on Protection of Competition
('Law No. 4054").1 In
return, those concerned are required to provide the requested
information within the period to be determined by the Board.
Otherwise, undertakings face significant administrative monetary
fines pursuant to Articles 162 and 173 of the Law No. 4054
for violation of this obligation.
Requests for information are an indispensable source for the
Board while conducting preliminary inquiries, investigations,
examinations or final examinations. In that regard, there is no
doubt – in principle- that the parties to an investigation
and/or examination, notifying a merger or acquisition, requesting a
negative clearance or
