Vertical Agreements Guidelines in Turkey
The legislation applicable to vertical agreements and vertical restraints is the Article 4 of Law No. 4054 on the Protection of Competition, which is closely modelled on the Article 101.1 TFEU. It prohibits agreements and concerted practices with the object or (potential) effect of restricting competition and deems such agreements and concerted practices to be unlawful.
The main legislation regulating vertical restraints is the Law No. 4054 on the Protection of Competition in conjunction with the Block Exemption Communiqué on Vertical Agreements No. 2002/2 (Communiqué No. 2002/2”
) and the Guidelines on Vertical Agreements (Guidelines
). The Article 2 of Communiqué No. 2002/2 defines vertical agreements as agreements concluded between two or more undertakings operating at different levels of the production or distribution chain, with the aim of purchase, sale or resale of particular goods or services.
For more information on vertical agreements guidelines in Turkey, please feel free to reach out to ELIG Gurkaynak at +90 212 327 1724 or through gonenc.gurkaynak@elig.com.