MONTHLY LEGAL DEVELOPMENT S
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Sanayi ve Ticaret A.Ş. or YDA İnşaat Sanayi ve Ticaret A.Ş.-Alp
Ateş Ltd. Şti.-Butros Deniz ve Nakliyat A.Ş.-Sabay Denizcilik
Vapur Acentalığı Nakliye ve Ticaret Ltd. Şti. Ortak Girişim Grubu
or Global Liman İşletmeleri A.Ş. or CEY Liman İşletmeleri A.Ş.
(Cey Group Joint Venture) is subject to authorization within the
scope of Article 7 of Act No. 4054 on the Protection of Competition
and Communiqué No.1998/4 on the Procedures and Principles to
be Pursued in Pre-Notifications and Authorization Applications to
be Filed with the Competition Authority in order for Acquisitions
via Privatization to Become Legally Valid and that the transaction
may be authorized as the possible acquisition to be effectuated by
any of the aforesaid bidders would not result in creating a dominant
position, or strengthening an existing dominant position and
thus in decreasing competition significantly in relevant markets.
(02.12.2010; 10-75/1538-592)
•
As a result of the examination conducted based on the request that
a negative clearance document be given or an exemption be granted
to the manufacturing agreement between Arçelik A.Ş. and Sony
Europe Limited, the Board decided that because the “Main Purchase
Agreement” signed by Arçelik A.Ş. and Sony Europe Limited is
within the scope of Article 4 of Act No. 4054, a negative clearance
certificate could not be given. However, an individual exemption for
5 years would be granted since it met all the conditions enumerated
in article 5 of Act No. 4054. (08.12.2010; 10-76/1572-605)
•
As a result of the examination made upon the authorization request
for the acquisition of 80% of the shares of Başkent Doğalgaz
Dağıtım A.Ş. (Başkent Natural Gas Distribution Inc.) by MMEKA
Makine İthalat Pazarlama ve Ticaret A.Ş. (MMEKA Machine
Export Marketing and Trade Inc.) within the scope of privatization
through a block sale, the Board decided that the acquisition of these
shares by MMEKA Makine İthalat Pazarlama ve Ticaret A.Ş. is
within the scope of Article 7 of Act No. 4054 and Communiqué No.
1997/1. The shareholders of MMEKA Makine İthalat Pazarlama
ve Ticaret A.Ş., Mehmet Kazancı, Esin Kazancı, Begüm Kazancı
and Mustafa Kurnaz are within Kazancı Holding Inc. and therefore
under the same economic entity as Aksa Elektrik Perakende
Satış A.Ş. (Aksa Electricity Retail Sales Inc.), and they are to be