1. Commitments are the remedies offered by the parties in order to overcome the competition concerns arising out of a merger transaction. 2. For a long time, the Competition Board (“CB”) has authorized the operations of concentration normally not acceptable under competition rules under certain conditions that it has imposed to the parties. More recently, its practice has been converted to merger clearance within the framework of commitments proposed by the parties despite the absence of any special provision in the competition legislation. 1. Legal Basis 3. Commitments are not expressly regulated by the Act on the Protection of Competition No. 4054 (“Act”) [1]. The only article referring to this system is Article 6 (3) of Communiqué No. 1997/1 on the Mergers and Acquisitions Calling for
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HORIZONS : DROIT TURC - OPERATIONS DE CONCENTRATION - ENGAGEMENTS - PROJET DE LOI MODIFIANT LA LOI POUR LA PROTECTION DE LA CONCURRENCE
Turkey: A review of merger commitments
Malgré l’absence d’une disposition spéciale sur les engagements en droit turc de la concurrence, le Conseil de la Concurrence Turc (« CC »), autorise depuis longtemps les opérations de concentration - normalement non acceptables - sous certaines conditions imposées aux parties. Le CC a, ces derniers temps, transformé sa pratique en un système d’autorisation basé sur les engagements proposés par les parties. Cette pratique montre certaines caractéristiques similaires aux engagements reconnus en droit Européen de la concurrence. Dans l’idée de remplir cette lacune du droit, les engagements et le système d’autorisation conditionnelle sont tous deux inclus dans le Projet de Loi Modifiant la Loi sur la Protection de la Concurrence.
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