The Information You Have Requested Cannot Be Reached at the Moment: The Regional Administrative Court Upheld the Board’s Decision Imposing Fines on Five International Banks for Not Providing the Requested Information
On 26 October 2022, the Ankara Regional Administrative Court’s 8th Administrative Chamber revoked[1] an earlier decision[2] of the Ankara 3rd Administrative Court that had annulled the Turkish Competition Board’s (the “Board”) decision concerning the imposition of administrative monetary fines on five international banks for failure to provide the requested information/data.[3]
TCA Imposed Interim Measures on Krea
As per Article 9(4) of Law No. 4054 on Protection of Competition (“Competition Law”), the Turkish Competition Authority (“TCA”) is entitled to impose interim measures in order to maintain the environment before the violation, without exceeding the scope of the final decision, in case of a possibility of serious and irreparable damages. It is observed …
The Ankara 13th Administrative Court Rules for the Annulment of Turkish Competition Authority’s Cartel Decision Due to Failure of Standard of Proof (Kronospan)
The Ankara 13th Administrative Court (“Court”)[1] recently annulled with its decision (“Court Decision”) the Turkish Competition Authority’s (“TCA”) cartel determination[2] (“TCA Decision”) against Kronospan Orman Ürünleri San. ve Tic. A.Ş. (“Kronospan”) in a decision through which it had imposed on 11 undertakings active in the MDF and flakeboard markets an administrative monetary fine for violating …
Adidas Cleared of Allegations Regarding Resale Price Maintenance and Discrimination
The Turkish Competition Authority (“TCA”) has launched numerous investigations into whether undertakings maintain their dealers’ resale prices. These investigations include one launched into one of the most well-known sports product brands, Adidas Spor Malzemeleri Satış ve Pazarlama Anonim Şirketi (“Adidas”).
First Decision by the TCA to Impose Fine to the Labour Market!
The Turkish Competition Authority (“TCA”) has published its reasoned decision dated 24.02.2022 and numbered 22-10/152-62 (“Private Hospitals Decision” or “Decision”) in which it examined the allegations that private health institutions and an association of undertaking (i) jointly determined the operating room service fees charged to freelance physicians, (ii) restricted competition by preventing employee transfers and …
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Be Warned! TCA Fines Türkiye’s Leading Electric Scooter Rental Company For False and Misleading Information (MARTI)
On 5.12.2022, The Turkish Competition Authority (“TCA”) published its decision imposing a monetary fine on Martı İleri Teknoloji A.Ş. (“Martı”), a leading electric scooter rental company in Türkiye, for providing false and misleading information[1]. The reasoned decision of the TCA indicated that the Authority had communicated with Martı via email after receiving the official answers …
New Regulation on Waste Electrical and Electronic Equipment Was Adopted
The Regulation on the Control of Waste Electrical and Electronic Equipment (“CWEEE Regulation”) was revoked on Monday through the adoption of the new Regulation on the Management of Waste Electrical and Electronic Equipment (“MWEEE Regulation”) published in the Official Gazette, numbered 32055. Prepared as part of the harmonization process with the European Union (“EU”) legislation[1], …
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ANTI-DUMPING MEASURES WHICH ARE TO EXPIRE IN 2023 AND WHAT KIND OF CONNOTATIONS THIS MIGHT HAVE ON INTERESTED PARTIES
When we review the Turkish Ministry of Trade’s official website and considering the latest global developments regarding the international trade, we believe that 2023 is going to be a busy year. In this regard, it is of utmost interest to parties which have stakes in this area to closely monitor and anticipate which investigations may …
The Turkish Competition Authority Published Mergers and Acquisitions Overview Report for 2022
The Turkish Competition Authority (“TCA”) has published its Mergers and Acquisitions Overview Report for 2022 (“Report”) on January 6, 2023. For ease of reading, we will refer to M&As as mergers.
CONTINUTION OF ANTI-DUMPING MEASURES CONCERNING THE BABY CARRIAGES AND PARTS OF BABY CARRIAGES
Despite the huge workload and new appointments in 2022, the trade remedies continue to be one of the key tools used by the Turkish Ministry of Trade (“Ministry”) in ensuring the fair international trade practices and shaping the free trade rules to restore the competitive balance. Recently, the Ministry concluded an expiry review investigation concerning …