"The Communiqué No. 2026/2 on the Amendment to the Communiqué on Mergers and Acquisitions Requiring the Approval of the Competition Board" (the "Amendment Communiqué") was published in the Official Gazette dated 11.02.2026 and numbered 33165.
With the Amendment Communiqué, various provisions of the Communiqué on Mergers and Acquisitions Requiring the Approval of the Competition Board (the "Communiqué") have been amended, including the turnover thresholds applicable to merger and acquisition transactions, the assessment criteria, and certain rules regarding the notification process. The principal amendments are summarized below.
1. The definitions of"Undertaking Concerned", "Transaction Party" and "Technology Undertakings" have been updated.