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NEWS LETTER 2 0 1 0

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A Draft Communiqué has been prepared in order to replace

the Communiqué numbered 1997/1 on the Mergers and

Acquisitions Calling for the Authorization of the Competition

Board

*

A Draft Communiqué (hereinafter referred to as the “Draft”) was

prepared with a view to replace the Communiqué No. 1997/1 on the

Mergers and Acquisitions Calling for the Authorization of the Competitions

Board

1

(hereinafter referred to as the “Communiqué No. 1997/1” or the

“Communiqué”) which had been prepared on the basis of the Regulation

ECC numbered 4064/89 and dated December 1989 (hereinafter referred

to as the “Regulation No. 4064/89”). The Draft has been submitted

to the public opinion

2

by being published in the official website of the

Competition Authority on 15 February 2010.

Why a new Communiqué?

During the process of harmonization with the European Union, the

works on the harmonization of the Turkish Law with the Acquis of the

EuropeanUnion continue intensively.Within this scope, it was also intended

to integrate in Turkish Law the novelties brought by the Council Regulation

(EC) numbered 139/2004 and dated 20 January 2004

3

(hereinafter referred

to as the “Regulation No. 139/2004” or the “Regulation”) which has

abrogated the Regulation No. 4064/89 and which is in force since 1 April

2004. In addition, the Competition Authority’s experience exceeding

twelve years and the criticism of the Communiqué in the doctrine have

also been taken into account.

What are the innovations brought by the Draft?

Purpose and Scope.

Differently from the Communiqué No. 1997/1, the

purpose and scope of the Communiqué have been regulated in two different

articles. In fact, the Article entitled “Purpose” states that the purpose of the

*

Article of February 2010

1 The Communiqué No. 1997/1 has been published in the Official Gazette dated 12.08.1997 and

numbered 23078. To consult the Communiqué, see the following link:

http://www.rekabet.gov

.

tr/dosyalar/teblig/teblig29.doc.

2 The public may submit its opinion on the Draft until 5 March 2010.

3 The Regulation No. 139/2004 has been published in the Official Journal of the European Union

dated 20.012004 and numbered L 24. To consult the Regulation, see the following link: http://

eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX

:32004R0139:en:HTML.