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NEWSLETTER 2011

420

it fulfills conditions under Article 5 of the Act. (05.10.2011; 11-

51/1288-453)

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

Borusan Otomotiv İthalat ve Dağıtım A.Ş. limits competition

by not providing the inspection machinery on BMW brand

devices of which it is the distribütor, and related training to

private services, the Board decided that unless the demand for

technical information, training and equipment of independent

services are met by Borusan Otomotiv İthalat ve Dağıtım A.Ş.,

the exemption stipulated under article 5 of the Block Exemption

Communiqué on Vertical Agreements and Concerted Practices

in the Motor Vehicle Sector Communiqué No: 2005/4 may not

be benefited from, that article 4.16. of the “Authorized Service

Agreement” is in violation of article 6 of the Communiqué No:

2005/4, that no individual exemption shall be granted pursuant

to article 5 of Act No. 4054 for the aforementioned article of the

agreement and its application, that therefore the amendments

made to such application and the relevant article of the agreement

in pursuant to article 9 paragraph 3 of Act No. 4054 in order to

ensure compliance with the Communiqué No: 2005/4 shall be

documented to the Competition Authority in 60 days, and that

otherwise the Presidency shall be appointed to issue an opinion

to Borusan Otomotiv İthalat ve Dağıtım A.Ş. that relevant action

shall be taken against them within the scope of Act No. 4054.

(13.10.2011; 11-52/1309-460)

• The Board decided that the acquisition, by TEB Portföy Yönetimi

A.Ş., of Fortis Portföy Yönetimi A.Ş. together with all of its assets

and liabilities through dissolution without liquidation did not fall

under the scope of Article 7 of the Act no 4054 or the Communiqué

no 2010/4 since the parties were under a single economic entity,

and that the transaction should be granted a certificate of negative

clearance, on the request of the parties, in accordance with article

8 of the Act no 4054. (18.10.2011; 11-53/1360-485)

• As a result of the examination conducted concerning the "Closed

Points of Sales Agreement" signed between Efes Pazarlama