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ARTICLE · 09 SEPTEMBER 2021

The Settlement Regulation Has Been Published By The Turkish Competition Authority

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Regulation on Settlement Procedure Applicable in Investigations Regarding Abuse of Dominant Position, Concerning the Restriction of Competition Agreement, Concerted Actions and Decisions, which is secondary legislation ...

TurkeyAntitrust/Competition Law
Dr. E. Seyfi Moroğlu, LL.M.
Dr. E. Seyfi Moroğlu, LL.M.
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Regulation on Settlement Procedure Applicable in Investigations Regarding Abuse of Dominant Position, Concerning the Restriction of Competition Agreement, Concerted Actions and Decisions ("Settlement Regulation"), which is secondary legislation as regards settlement in competition violations has been published in the Official Gazette on 15 July 2021 with number 31542 and entered into force.

Pursuant to article 43 of Law numbered 4054 on the Protection of Competition ("Law"), it is possible to reach an agreement between investigated undertakings and the Turkish Competition Authority ("TCA") in investigations initiated against violation of articles 4 and 6 of the Law. The settlement procedures and principles are regulated by the Settlement Regulation.

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