NEWS LETTER 2 0 1 0
352
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The Competition Board authorized the acquisition by Vienna
Insurance Group Weiner Stadtische Versicherung AG and TBIH
Financial Services Group N.V. of shares equal to one more share of
10% share of the shares that Doğan Şirketler Grubu Holding holds
in Ray Sigorta A.Ş. since it would not result in creating a dominant
position or strengthening an existing dominant position and hence
in reducing competition significantly as mentioned in article 7 of
Act No. 4054 and in Communiqué No. 1997/1. (27.10.2010; 10-
67/1410-528)
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The Competition Board authorized the acquisition by C.D Holding
Internationale of Multinet Kurumsal Hizmetler A.Ş. whose shares
are held by Tasarruf Mevduatı Sigorta Fonu (Savings Deposit
Insurance Found), since it would not result in the creation or
strengthening of a dominant position as described under Article 7
of Act No. 4054 and thus in significant lessening of competition.
(04.11.2010; 10-69/1455-555)
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The Competition Board authorized the acquisition by Alsim Alarko
Sanayi Tesisleri ve Ticaret A.Ş. (Alsim Alarko Industry Facilities
and Trade Inc.) of a 50% share of Altek Alarko Elektrik Santralleri
Tesis, İşletme ve Ticaret A.Ş. held by Société Nationale d’Eléctiricté
et de Thermique, since it would not result in the creation or
strengthening of a dominant position as described under Article 7
of Act No. 4054 and thus in significant lessening of competition.
(04.11.2010; 10-69/1446- 546)
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The Competition Board decided that the establishment of a joint
venture company between RCI Banque S.A and Ordu Yardımlaşma
Kurumu (Army Solidarity Fund) with the title of “FOR Finansman
Anonim Şirketi (FOR Financing Incorporated)” falls within the
scope of Article 7 of Act No. 4054 and Communiqué No. 1997/1;
however, it is not subject to authorization since the overall market
shares of the parties and turnovers of the parties do not exceed
the thresholds envisaged in the aforementioned Communiqué.
(04.11.2010; 10-69/1461-559)
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The Competition Board authorized the acquisition by OMV Enerji
Holding A.Ş. of a 54.14% share of Petrol Ofisi A.Ş. since it would
not result in the creation or strengthening of a dominant position as