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ARTICLE · 13 JUNE 2023

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

Gen Temizer Erdogan Girgin Attorney Partnership
Gen Temizer Erdogan Girgin Attorney Partnership
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In May 2023, the Turkish Competition Board (the "Board") published one reasoned decision and approved 19 merger and acquisition transactions.

TurkeyAntitrust/Competition Law
Bulut Girgin
Bulut Girgin
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June 2023 – In May 2023, the Turkish Competition Board (the "Board") published one reasoned decision and approved 19 merger and acquisition transactions.

The highlight of Turkish competition law in May was that the Board resolved to settle its investigation into the household appliances industry via the settlement mechanism.

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RPM tied up via settlements

On 5 May, the Turkish Competition Authority published the Board's decision regarding the actions of Korkmaz, a manufacturer of household appliances, and its distributors, Gençler and Punto. The decision focused on allegations of practices that maintain resale prices and put a customer restriction on resellers. Regarding the aforesaid allegations, the Board concluded as follows:

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