The Turkish Competition Authority cleared a merger in the the carbonless developers market subject to remedies including regular notifications of its market shares and prices to the NCA (Rockwood Süd-Chemie)

The operation Süd-Chemie is a company which is active in the field of production of chemicals. It operates in Turkey through its Turkish subsidiary. However this subsidiary is not active in any businesses which are related to the relevant product market. On the other hand, Rockwood is a global company which is engaged in the field of chemicals as well. Rockwood, just like Süd-Chemie has a subsidiary in Turkey which is not active in the relevant product market. The parent company of Rockwood is KKR fund, which also has