The Turkish Competition Authority publishes its merger & acquisitions overview report regarding its activities in terms of merger control in 2020

The Turkish Competition Authority’s (“TCA“) Mergers and Acquisitions Overview Report for 2020 (“Report“) has been published at the TCA’s official website on March 5, 2021. The Report provides an overview of the TCA’s activities in terms of merger control in 2020 and includes statistical information on the merger control filings by also making a comparison between 2020 and previous years. The Report mainly aims to provide a brief summary of the developments in 2020 with regards to M&A transactions. First and foremost, according to the Report, the average review period of the TCA within which the notified transaction concluded was approximately 18 days following the date of final notification, which was increased compared to the average review period of 14 days in 2019. Additionally,