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ARTICLE · 13 JUNE 2022

Two-Minute Recap Of Recent Developments In Turkish Competition Law – May 2022

Gen Temizer Erdogan Girgin Attorney Partnership
Gen Temizer Erdogan Girgin Attorney Partnership
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In May, the Turkish Competition Board (the "Board") approved six merger control filings and published 30 reasoned decisions.

TurkeyAntitrust/Competition Law

In May, the Turkish Competition Board (the "Board") approved six merger control filings and published 30 reasoned decisions.

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Settlement and leniency mechanisms applied together for the first time!

The Board has concluded its investigation to determine whether the companies Beypazarı and Kınık violated competition law by exchanging sensitive information with each other regarding current and future price information, price change dates, and increased prices on Turkey's natural mineral water market.

Beypazarı and Kınık individually submitted settlement texts to the Board. The Board accepted these settlement applications and concluded the investigation. In addition, both companies applied for leniency, and the Board accepted these applications as well. However, the parties cannot benefit from the full immunity since they applied to the Board for leniency after receiving investigation notification.

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