Two-minute Recap Of Recent Developments In Turkish Competition Law – August 2022

September 2022 – In August, the Turkish Competition Board (the "Board") published 48 reasoned decisions, but did not approve any merger control filings.

The highlight of Turkish competition law in August is that the Board initiated four new full-fledged investigations.

The Board proceeds with re-appointment of its three members

In August 2022, the Board lost its quorum to hold a meeting until new members are appointed, as the terms of three of the current Board members have come to an end.

The Board consists of seven members: five members are required to hold a meeting, and four members are required to render a final decision. Accordingly, this situation rendered the Board to a place of incapability for reaching a quorum to hold a meeting. However, the Board establishes a quorum once again with the re-appointment of same 3 members, and all decisions including merger controls, preliminary and full-fledged investigations, and final decisions will be pursued