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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.

Two-minute Recap of Recent Developments in Turkish Competition Law - January 2024

Meta to pay a daily fine for non-compliance . On 10 January 2024, the Turkish Competition Authority (“TCA”) announced that US tech conglomerate Meta failed to fulfil the compliance measures attached to its previous abuse of dominance decision.[1] ...

Two-minute Recap of Competition Law Matters Around the Globe – January 2024

No path for Amazon’s acquisition of iRobot. Amazon has abandoned its planned USD 1.4 billion purchase of robot vacuum cleaner manufacturer iRobot following the European Commission’s (“EC”) report not to allow the deal to go through. The ...

Turkish Competition Board Mergers and Acquisitions Outlook for 2023 Is Published

January 2024 - Turkey’s Competition Authority (“Authority”) recently published statistics on the mergers, acquisitions and privatisation transactions concluded by the Competition Board (“Board”) in 2023. Highlights from the statistics are summarised ...

New Regulation on Active Cooperation/Leniency enters into force in Turkey

January 2024 – A new Regulation on Active Cooperation for Detecting Cartels (“Regulation”) in Turkey entered into force on 16 December 2023. The Turkish Competition Authority (“TCA”) also held a helpful webinar on the topic, highlighting the ...

Meta to Pay a Daily Fine for Non-compliance in Turkey

Introduction. On 10 January 2024, the Turkish Competition Authority (“TCA”) announced that Meta failed to fulfil the compliance measures attached to its previous abuse of dominance decision.[1] As a result, the Turkish Competition Board (“Board”) ...

Two-minute Recap of Recent Developments in Turkish Competition Law - December 2023

 . Workshop on the Online Advertising Sector Inquiry was held on December. On 20 December 2023, the Turkish Competition Authority (“TCA”) held the “Workshop for the Preliminary Review of the Online Advertising Sector”, which was initiated ...

Two-minute Recap of Competition Law Matters Around the Globe – December 2023

RWE/E.ON asset swap survives again. The EU’s General Court (“GC”) blocked the attempts of eleven German energy suppliers to annul the EUR 43 billion asset swap deal between RWE and E.ON. Earlier, RWE acquired E.ON's renewable and nuclear assets ...

Two-minute Recap of Recent Developments in Turkish Competition Law - November 2023

 . RPM cases has become fashionable in cosmetics/personal care. On 14 November 2023, the Turkish Competition Authority announced its decision regarding undertakings operating in the cosmetics and personal care products sector. The Board separately ...

Two-minute Recap of Competition Law Matters Around the Globe – November 2023

Altice's breach of EU standstill rules upheld. The European Court of Justice (“ECJ”) upheld the European Commission's (“EC”) sanction against Altice for violating both EU standstill rules and failing to notify its acquisition of PT Portugal ...

Two-minute Recap of Recent Developments in Turkish Competition Law - October 2023

 . Hub & spoke and resale price maintenance – two separate offences?. On 4 October 2023, the Turkish Competition Authority published its reasoned decision on 15 undertakings active as suppliers/manufacturers in the fast-moving consumer ...