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ARTICLE · 29 AUGUST 2025

Market Intelligence Thought Leadership Award Winner

Turkish Competition Board Clears GT Global's Acquisition Of Ideasoft With Behavioural Commitments

ELIG Gürkaynak Attorneys-at-Law
ELIG Gürkaynak Attorneys-at-Law
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ELIG Gürkaynak Attorneys-at-Law

ELIG Gürkaynak Attorneys-at-Law

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The Board also noted that, for the purposes of the Transaction, the relevant market assessment should address the substitutability between open-source e-commerce infrastructure services and ready-made e-commerce infrastructure services.

TurkeyAntitrust/Competition Law
Gönenç Gürkaynak
Gönenç Gürkaynak
Ebru İnce
Ebru İnce
Evgeniya Deveci
Evgeniya Deveci
Çağla Sarıbay
Çağla Sarıbay
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Dr. Gönenç Gürkaynak, Esq.1, Ebru İnce, Evgeniya Deveci, Çağla Sarıbay

(1) Introduction

On July 22, 2025, Turkish Competition Authority ("Authority") published the Turkish Competition Board's ("Board") reasoned decision2 ("Decision") concerning the acquisition of sole control over Ideasoft Yazılım Sanayi ve Ticaret AŞ ("Ideasoft") by Turgut Nezih Sipahioğlu ("Sipahioğlu") through GT Global Danışmanlık A.Ş. ("GT Global") (together with Ideasoft, "the Parties") ("Transaction"). The Board found that the Transaction may significantly impede effective competition within the meaning of Article 7 of the Law No. 4054 on Protection of Competition ("Law No. 4054"), but ultimately conditionally cleared the Transaction subject to the behavioural commitments submitted by GT Global. The decision stands out for providing the Board's detailed analysis of conglomerate effects in connection with the Transaction, as well as its assessment of the behavioural commitments

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