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ARTICLE · 11 NOVEMBER 2021

Two-Minute Recap Of Recent Developments In Turkish Competition Law – October 2021

Gen Temizer Erdogan Girgin Attorney Partnership
Gen Temizer Erdogan Girgin Attorney Partnership
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In October 2021, the Turkish Competition Board ("Board") approved 26 merger control filings and published 33 reasoned decisions.

TurkeyAntitrust/Competition Law
Bulut Girgin
Bulut Girgin
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November 2021 - In October 2021, the Turkish Competition Board ("Board") approved 26 merger control filings and published 33 reasoned decisions. The Board also held a long oral defence meeting that lasted from 10:30 a.m. to 02:30 a.m. the next day. We provide detailed information on this oral defence process and its implications below.

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A reverse shopping spree!

The Board's investigation against retailers of food and cleaning products and their suppliers has been concluded with a jaw dropping decision. After an exhaustive oral hearing process that started at 10:30 a.m. and finished at 2:30 a.m. the next day, the Board defined the behaviour of the undertakings listed below as a "hub and spoke" type cartel and imposed an administrative monetary fine in the total amount of 2.7 billion lira (approximately USD 283 million). This decision marks the first time that the Board has imposed a monetary fine based on a hub and spoke violation. The Board decided that

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