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VIII
The Circular Numbered 2010/24 of the General Directorate of Land Registry
and Cadastre, General Directorate of Foreign Affairs Regarding Companies with
Foreign Capital Purchases of Immovable and Limited Real Rights in Turkey.... 73
Current Problems Concerning Pledge on Commercial Enterprise................... 75
COMPETITION LAW
..................................................................................... 81
Commitments in Merger Transactions under Turkish Competition Law. ....... 83
Conditional Authorization to the Acquisition of Burgaz by Mey.................... 89
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.......................................................... 94
New Communiqué on Mergers and Acquisitions. ........................................... 98
The New Merger Communiqué Becomes Effective on 1 January 2011........ 102
Right of Access to Files and Protection of Trade Secrets in Competition Law. 105
A New Communiqué for Hearings................................................................. 108
The Concept of Cartel within the Scope of Competition Law....................... 112
The Competition Board Decided that Several Chicken Producers and the
Association of White Meat Producers and Breeders Union Distorted
Competition by Establishing a Cartel and thereby Sentenced them to Pay Fines. 116
The Impartiality Principle in Competition Law............................................. 120
Electricity Privatizations of 2010 and Competition Board’s Approvals........ 122
The End of an Era in the Liquid Fuel Sector: September 18, 2010. .............. 128
European Commission Clears Proposed Acquisition of Cadbury by
Kraft Foods..................................................................................................... 132
Commission Accepts Microsoft Implementation of its Undertakings........... 135
British Airways, American Airlines, and Iberia Commitments on Transatlantic
Passenger Air Transport Markets have been Approved by the Commission..... 138
The Commission Approved the Acquisition of Sara Lee’s Air Care Unit by
Procter&Gamble and Opened an in-depth Investigation into the Acquisition by
Unilever of the Company’s Body and Laundry Care Businesses.................. 141
The Court of Justice re-specified the Limits of the Attorney-Client Privilege in
Competition Law............................................................................................ 143
Commission Fines LCD Panel Producers for Price Fixing Cartel................. 147