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COMP ET I T I ON LAW
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Current Version of the Agreement.
A copy of the final or current
version of the agreement concerning the notified merger or acquisition
should be enclosed with the notification form. So, the attachment of the
signed final version of the agreement will not be necessary any more.
The notification may also be made by a copy of the current version of the
agreement. This provision grants the possibility to the parties to ask the
preliminary opinion of the Board before signing a binding agreement.
Conclusion
A parallel way to that of the European Union is pursued by the
New Communiqué, and the deficiencies existing under Turkish law
are eliminated. Within this context, notions such as full function joint
ventures and continuous control were taken into account, a legal ground
was established for commitments, and conditional authorization and the
possibility of notification with a short or long form was granted.