The Turkish Competition Authority evaluates four stand-alone transactions upon a complaint received in the construction sector and concludes that the transactions are not subjected to an approval given that the jurisdictional turnover thresholds is not met (Akdağ Beton / Şenerler Beton / Saray Beton / Sarıkaya Beton / Üç Yıldırım)

This case summary concerns an analysis of the Board’s Akdağ Beton/Şenerler Beton/Saray Beton/Sarıkaya Beton/Üç Yıldırım decision, [1] based on an investigation initiated due to a complaint filed with the Turkish Competition Authority against certain ready-mixed concrete companies that were active in Yozgat, Turkey. The Board evaluated four stand-alone transactions that had been executed without the Board’s approval under Article 11 of the Law No. 4054 on the Protection of Competition (“ Law No. 4054 ”), and ultimately resolved that the transactions indeed did not require a mandatory merger control filing before the Turkish Competition Authority since the applicable jurisdictional thresholds had not been satisfied. The decision is significant in that it does not provide any insight on whether the

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Authors

  • ELIG Gürkaynak Attorneys-at-Law (Istanbul)
  • ELIG Gürkaynak Attorneys-at-Law (Istanbul)

Quotation

Gönenç Gürkaynak, Eda Duru, The Turkish Competition Authority evaluates four stand-alone transactions upon a complaint received in the construction sector and concludes that the transactions are not subjected to an approval given that the jurisdictional turnover thresholds is not met (Akdağ Beton / Şenerler Beton / Saray Beton / Sarıkaya Beton / Üç Yıldırım), 7 August 2019, e-Competitions Turkish Antitrust, Art. N° 96513

Visites 47

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues