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Turkish Competition Law in a Nutshell: Key Concepts and Principles
Vertical Agreements in Turkish Competition Law
Vertical agreements are agreements between undertakings operating at different levels of the production/distribution chain (for example supply agreements). The main legislation applicable to vertical agreements and vertical restraints is Article 4 of Law No. 4054 on the Protection of Competition (L...
Veto Rights in Turkish Merger Control Regime
Pursuant to the Guidelines on the Concept of Control, joint control exists where two or more undertakings or persons have the possibility of exercising decisive influence over another undertaking. The main feature of joint control materializes when two or more parent companies have the right to rej...
Wage-fixing Agreements in Turkey
Wage-fixing agreements are a form of buyer cartels, aiming to fix, directly or indirectly, wages and/or other financial rights to be provided to employees. Such anti-competitive agreements are considered as hard-core violations under Law No. 4054 on the Protection of Competition in Turkey. Within t...
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