The Turkish Competition Authority clears a merger in the pharmaceuticals sector subject to limitation of a non-compete clause (Abbott / BASF)

The operation Abbott is a USA based public company which is active in the field of discovery, improvement, manufacture and marketing of certain pharmaceutical products. Abbott holds 99.9% of its Turkish subsidiary which is also active in the pharmaceutical sector. BASF is a German public company which is active in the chemicals, plastics, paintings, pharmaceutical products, oil and gas sectors. BASF indirectly controls its Turkish Subsidiary through its shareholding

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Zümrüt Esin, The Turkish Competition Authority clears a merger in the pharmaceuticals sector subject to limitation of a non-compete clause (Abbott / BASF), 20 February 2001, e-Competitions Bulletin February 2001, Art. N° 21929

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