The Turkish Parliament passes reform of competition providing parallel regulation with the EU and other developed countries’ practices, reference to EU competition law and amendment proposals within the scope of OECD

The Draft Law to amend the Law on the Protection of Competition (the “Law”) which was published in the Official Gazette n° 22140 dated 19 December 1994 and which became effective as of said date was submitted to the Presidency of the Grand National Assembly of Turkey on 23 June 2008. What is targeted by the Draft ? The Draft targets the establishment of a more effective competition law system in our country. It provides regulation in parallel with the European Union and other developed countries' practices, important developments in reference to the European Union competition law and law amendment proposals within the scope of OECD. The 9th Development Plan Studies are taken into account. What are innovations brought by the Draft ? The draft brings important innovations and amendments

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Ercüment Erdem, The Turkish Parliament passes reform of competition providing parallel regulation with the EU and other developed countries’ practices, reference to EU competition law and amendment proposals within the scope of OECD, 31 July 2007, e-Competitions July 2007, Art. N° 26452

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