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ARTICLE · 12 JUNE 2020

Two-minute Recap Of Recent Developments In Turkish Competition Law – May 2020

Gen Temizer Erdogan Girgin Attorney Partnership
Gen Temizer Erdogan Girgin Attorney Partnership
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The most important Turkish competition law development in May was the Draft Proposal to Amend the Competition Law (the "Draft Bill"), which is covered below.

TurkeyAntitrust/Competition Law

The most important Turkish competition law development in May was the Draft Proposal to Amend the Competition Law (the "Draft Bill"), which is covered below.

With regards to merger control activity, May was the month that the effects of the global recession started to be felt in Turkey. The chart below shows the decline in the number of merger control decisions issued by the Turkish Competition Authority ("TCA") and the number of new transactions notified to the TCA. This is mainly due to the global and national decline of M&A activity.

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In order to keep pace with the digital economy, on 8 May 2020 the TCA published an announcement regarding the strengthening of its already existing Strategy Development Department by expanding its authorities. We examine this important reorganisation for the digital economy in this article.

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