Özgün Law Firm

Özgün Law Firm

COMMUNIQUE ON COMPETITION BOARD APPROVAL IN MERGERS AND ACQUISITIONS UPDATED

COMMUNIQUE ON COMPETITION BOARD APPROVAL IN MERGERS AND ACQUISITIONS UPDATED

Communiqué numbered 2026/2, amending the Communiqué numbered 2010/4 which sets out mergers and acquisitions subject to Competition Board approval, entered into force after having been promulgated in the Official Journal dated February 11, 2026 and bearing the issue number 33165.

Under the new regulation, the turnover thresholds used as the basis for notification have been increased, provisions specific to undertakings operating in the field of technology have been revised, certain key concepts have been updated, and the substantive review criteria for transactions have been set out in more detail.

Source: https://www.rekabet.gov.tr/tr/Guncel/birlesme-ve-devralma-mevzuati-guncellendi-f454d2c51e07f11193f50050568585c9

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