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ARTICLE · 15 AUGUST 2023

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

Gen Temizer Erdogan Girgin Attorney Partnership
Gen Temizer Erdogan Girgin Attorney Partnership
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In July 2023, the Turkish Competition Board (the "Board") approved ten merger and acquisition transactions, including Microsoft's highly debated acquisition of sole control...

TurkeyAntitrust/Competition Law
Bulut Girgin
Bulut Girgin
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August 2023 – In July 2023, the Turkish Competition Board (the "Board") approved ten merger and acquisition transactions, including Microsoft's highly debated acquisition of sole control of the US video game holding company Activision Blizzard. 

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 The highlight of Turkish competition law in July was that the Board concluded two on-going investigations, including its labour market investigation, and held oral defences for four investigations.

No-poaching investigation results in fines

In July 2023, the Board concluded its investigation on alleged anti-competitive agreements in the labour market involving more than thirty undertakings operating in diverse sectors. The Board scrutinised the so-called "gentlemen's agreements" (i.e., no-poaching agreements) that allegedly involve anti-competitive limitations on the transfer of employees in various sectors. The Board also indicated that no-poaching agreements decrease employee mobility and lead to

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