Competition Law in Turkey: Commitment mechanism
In March 2021, Turkish Competition Authority published two important communiqués. One of the said communiqués regulates the mechanism applicable to the Commitments Offered During Preliminary Investigations and Investigations on Restrictive Agreements, Concerted Practices, Decisions and Abuse of Dominance, and the other one stipulates the principles in relation to the criteria to be applied to the agreements, concerted practices, and actions and decisions of associations of undertakings which do not significantly restrict competition, to be exempted from investigation, except for clear and hardcore violations.