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LEGAL DEVELOPMENTS

419

of the requirements in Article 5 of the Act No. 4054 (29.09.2011,

11-50/1257-446 )

• The Communiqué on the Amendment of the Communiqué

Concerning the Mergers and Acquisitions Calling for the

Authorization of the CompetitionBoard, No:2010/4 (Communiqué

No: 2011/2) entered into force through publication in the Official

Gazette dated 30.09.2011 and numbered 28070.

• As a result of the examination conducted based on the claim that

T.C. Ziraat Bankası A.Ş. distorted the competitive environment

in the insurance sector by supporting Ziraat Sigorta A.Ş., which

is a company in the same group, within the Tarsim (Agricultural

Insurance Pool) system, the Board decided that initiating an

investigation was not necessary under the Act no 4054 and the

complaint should be rejected. (02.11.2011, 11-55/1439-513)

• As a result of the examination conducted based on the claim that

Kariyer.Net

Elektronik Yayıncılık ve İletişim Hizmetleri A.Ş.

violated the Act no 4054 by abusing its dominant position within

the internet advertisements market aimed at human resources and

training services, the Board decided that initiating an investigation

was not necessary under the Act no 4054 and the complaint should

be rejected. (02.11.2011, 11-55/1442-516)

• As a result of the examination conducted upon the request that a

negative clearance document be given or exemption be granted to

the "Product Development,Manufacturing and SupplyAgreement"

concluded between Tofaş Türk Otomobil Fabrikası A.Ş. and Fiat

Group Automobiles SpA, as amended with the participation of

Adam Opel GmbH, the Board decided that having been evaluated

together with the "Doblo Vehicle Supply Agreement" concluded

between Fiat Auto S.p.A and Adam Opel GmbH, the amendment

text signed in order to change and correct certain provisions and

conditions of the "Product Development, Manufacturing and

Supply Agreement" concluded between Tofaş Türk Otomobil

Fabrikası A.Ş. and Fiat Group Automobiles SpA is an agreement

between undertakings under Article 4 of the Act, however, the

notified agreement shall be granted individual exemption since