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Browse through a selection of articles from our legal experts on topics of interest to investors and businesses in our region.
Turkish Competition Authority publishes 2019 Merger Control Overview
January 2020 – The Turkish Competition Authority (“TCA”) has published its Report on the Review of Mergers and Acquisitions for 2019 (“Report”). The Report provides general information on M&A transactions in Turkey in 2019 as well as brief ...
Personal data breach notifications can now be made online
January 2020 – Pursuant to Article 12 of the Turkish Personal Data Protection Law No. 6698, “In case the processed data is collected by third parties through unlawful methods, the data controller shall notify the data subject and the Board within ...
Obstruction of competition law investigations: Don’t keep the Turkish Competition Authority waiting
December 2019 – It is a rare occasion, though increasing somewhat in frequency, for competition law to be a hot topic in Turkey’s mainstream press. One example is the recent dispute between Google and the Turkish Competition Authority (TCA). On 7 ...
Turkish Competition Authority’s approach against SMEs: the case of the egg producers
November 2020 – Turkish Law No. 4054 on the Protection of Competition (“Law No. 4054”) does not include a de minimis exception, and therefore any action, no matter its impact, that violates competition under Law No. 4054 is punishable. However ...
Turkey to put a 7.5% tax on digital services: What is the scope of the new proposal?
November 2019 – A draft Digital Services Tax Law (the "Draft Law") has been submitted to the Grand National Assembly of Turkey. It proposes the introduction of a tax on the provision of certain digital services and it is expected to come into force ...
Under the microscope: How the Turkish Competition Authority finds out about unnotified transactions
October 2019 – Similar to many other European jurisdictions, the Turkish merger control regime requires that mergers and acquisitions that exceed certain jurisdictional thresholds are notified. Failure to notify a notifiable transaction may not only ...
Executive liability for M&A transactions in Turkey
July 2019 – An overview of the standard of liability of board members and executives in connection with M&A transactions in Turkey. Standard of liability. General standard. What is the standard for determining whether a board ...
A structured guide to M&A litigation in Turkey
June 2019 – A structured guide to M&A litigation in Turkey. . Types of shareholders' claims. Main claims. Identify the main claims shareholders in your jurisdiction may assert against corporations, officers and directors in connection ...
New financial assistance prohibition under the new Turkish commercial code – from no plating to gold plating
April 2019 – The new Turkish Commercial Code, which comes largely into effect on 1 July 2012, introduces for the first time into Turkish company law a financial assistance prohibition in the context of share acquisitions. This will prohibit a company ...
Data controller or processor under the new data protection law
April 2018 – We have prepared this article on the Law on Personal Data Protection (the "Law") to describe certain general requirements that all corporate entities must comply with as per the Law. I. Law on Personal Data Protection. A corporate ...