lighted bridge over water at night time

Competition Law in Turkey: Turnover thresholds in mergers and acquisitions

March 07, 2022

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.

Read the full Pekin Bayar Mizrahi article.