The Turkish Competition Authority unconditionally clears the acquisition of a 5-star hotel chain (Marriott / Starwood)

This case note analyses the decision of the Turkish Competition Authority (TCA) in which it has unconditionally cleared in Phase I the acquisition of the sole control of Starwood by Marriott in the market for 4- and 5-star hotels. The Operation On March 1, 2016, the TCA received a notification of a proposed acquisition of the sole control of a reputed hotel chain, Starwood Hotels & Resorts Worldwide (Starwood), by another reputed hotel chain, Marriott International Inc. (Marriott). The operation is the Turkish leg of a series of notifications made to many competition authorities all over the world as part of the deal between the parties. At the global level, the acquisition was finally closed in

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Auteur

  • Ankara Hacı Bayram Veli University (Ankara)

Citation

Ahmet Fatih Ozkan, The Turkish Competition Authority unconditionally clears the acquisition of a 5-star hotel chain (Marriott / Starwood), 20 avril 2016, e-Competitions April 2016, Art. N° 82366

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