Anti-competitive Agreements Regime in Turkey

Anti-competitive agreements are regulated under Article 4 of Law No. 4054 on the Protection of Competition (Law No. 4054), which aims to prohibit and illegalise the agreements and concerted practices, as well as the decisions of the associations of undertakings, which prevent, distort or restrict competition by object or by effect, directly or indirectly in a particular market for goods or services. Although the primary objective of Article 4 of Law No. 4054 is to prevent and prohibit cartel agreements and other anti-competitive horizontal concurrences between competitors, one should bear in mind that it also applies to vertical agreements (i.e., the agreements between undertakings operating at different levels of the production or distribution chain).

For more information on anti-competitive agreements regime in Turkey, please feel free to reach out to ELIG Gurkaynak at +90 212 327 1724 or through gonenc.gurkaynak@elig.com.