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ARTICLE · 20 SEPTEMBER 2023

Two-minute Recap Of Recent Developments In Turkish Competition Law - August 2023

Gen Temizer Erdogan Girgin Attorney Partnership
Gen Temizer Erdogan Girgin Attorney Partnership
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During August the Board initiated 14 new, full-fledged investigations, concluded eight on-going investigations, and held oral defences for six investigations. Also in August, the Turkish Competition Authority...

TurkeyAntitrust/Competition Law
Bulut Girgin
Bulut Girgin
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Two-minute Recap of Recent Developments in Turkish Competition Law – August 2023

In August 2023, the Turkish Competition Board ("Board") approved 19 merger and acquisition transactions.

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During August the Board initiated 14 new, full-fledged investigations, concluded eight on-going investigations, and held oral defences for six investigations. Also in August, the Turkish Competition Authority ("Authority") published its 24th annual report regarding its activities in 2022.

First-ever merger commitment violation in Turkey: ne bis in idem swoops in to save the day

On 28 August 2023, the Board announced that it had concluded its investigation into EssilorLuxottica S.A.'s ("EssiLux") alleged anti-competitive practices. To understand the nature of the investigation, one must go back to the merger decision that formed EssiLux. In that decision, to obtain clearance, the merging parties offered both horizontal and vertical commitments. For horizontal

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