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Competition Law in Turkey: Turnover thresholds in mergers and acquisitions
The Communique No. 2022/2 (Amending Communique) on Amending the Communique Concerning the Mergers and Acquisitions Calling for the Authorization of the Competition Board (Communique No: 2010/4) was published in the Official Gazette on 4 March 2022. The Amending Communiqué will enter into force on 4 May 2022.
Amending Communique introduces significant amendments with regards to the turnover thresholds for mandatory filings, and increases the thresholds which were provided under Communique No. 2010/4.