Turkey's legislation in the Competition Law field is not
recent. Many bills were drafted by the Turkish Ministry of Trade
starting from 1971 with the "Bill on the Regulation of
Activities Related to Goods and Services, which are Subject to
Trade, for Protection of the Consumer" till 1984 when the
Ministry of Industry and Trade drafted the "Bill on the
Agreements and Practices Restricting Competition". While the
first bills were related to consumer of protection, the latter bill
discussed monopolization and cartelization in separate sections and
finally The Act No.4054 on the Protection of Competition
"Competition Act" was established in 1994.
In this law making process, adoption of European Union's
economic model to national policy has been most effective as Turkey
had felt an urge to fill the gap in regulation. There are two main
reasons to explain this urge. The first reason is that Competition
regulations are necessary tools for every market-based