Simultaneous Utilization of Both Commitment and Settlement Mechanisms
The settlement and commitment procedures have been increasingly utilized within the decisions of the Turkish Competition Authority (“TCA”), but the adoption has been debated since 2014, when the mechanisms came to the agenda of the parliament but were refused after long discussions.
The Commitment Mechanism is not Open to Negative Matching Agreements
The Turkish Competition Authority (“TCA”) launched a full-fledged investigation (“Investigation”) against Arabam Com İnternet ve Bilgi Hizmetleri A.Ş. (“Arabam.com”), Vava Cars Turkey Otomotiv A.Ş. (“VAVA CARS”), Araba Sepeti Otomotiv Bilişim Danışmanlık Hizmetleri Sanayi ve Ticaret A.Ş. (“KAVAK”), and Letgo Mobil İnternet Servisleri ve Ticaret A.Ş. (“Letgo”), which operate in the purchase and sales of second-hand …
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ACTECON is happy to announce promotion of two Seniors to Counsel positions and two Associates to Senior Associate positions
ACTECON promotes Senior Associates Mr. Caner K. Cesit and Mr. Mustafa Ayna to Counsel, Mid-Level Associates Ms. Ozlem Basiboyuk Coskun and Mr. Alper Karafil to Senior Associate, and Ms. Cansen Erensoy to Mid-Level Associate position, effective as of January 2, 2023.