A. Introduction
Article 7/2 of Act No. 4054 on the Protection of Competition
("ACP") authorizes the Turkish
Competition Authority ("TCA") to
determine through communiqués, types of mergers and
acquisitions which must be notified for clearance in order to
become legally valid. Pursuant to this provision, the TCA adopted
Communiqué No. 2010/4 on Mergers and Acquisitions Calling
for the Approval of the Turkish Competition Board
("Communiqué No. 2010/4"), which
sets out the procedures and principles for the notification of
mergers and acquisitions.
The TCA introduced certain significant amendments to
Communiqué No. 2010/4 through Communiqué No. 2026/2
("Amending Communiqué"), which
was published in the Official Gazette dated 11 February 2026 and
numbered 33165. The main changes are explained below:
