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NEWSLETTER 2011

428

will be established as the transaction would not result in creating

a dominant position, or strengthening the existing dominant

position as specified in Article 7 of the Act No. 4054 and in the

Communiqué No. 2010/4, and thus in decreasing competition.

(26.05.2011; 11-32/660-205)

• The Board authorized the acquisition of the control of Bulgari

S.p.A. by LVMHMoét Hennessy - Louis Vuitton as the transaction

would not result in creating a dominant position, or strengthening

the existing dominant position as specified in Article 7 of the

Act No. 4054 and in the Communiqué No. 2010/4, and thus in

decreasing competition. (26.05.2011; 11-32/659-204)

• The Board authorized the transaction of acquisition by Atos Origin

S.A. of the sole control of Siemens AG’s information technology

services activities (also including assets to be transferred in Turkey)

conducted by Siemens IT Solutions and Services GmbH due to

the fact that it would not result in creating a dominant position or

strengthening an existing dominant position and hence in reducing

competition significantly of a nature mentioned in article 7 of the

Act No. 4054 and in the Communiqué No. 2010/4. (02.06.2011,

11-33/702-215 )

• The Board decided that the transaction of transferring to Zhejiang

Longsheng Group Co. Ltd. of 62.4% of the capital of Kirl Holding

Singapore Private Limited and therefore the control of Dystar

Colours Distribution GmbH 1- be authorized due to the fact that

the transaction which was the subject matter of the notification

would not result in creating a dominant position or strengthening

an existing dominant position and hence in reducing competition

significantly of a nature mentioned in article 7 of the Act No.

4054 and in the Communiqué No. 2010/4, 2- however, due to the

fact that the transaction cited has been carried out without the

authorization of the Competition Board, an administrative fine of

TL 1.697,92 be imposed on Zhejiang Longsheng Group Co. Ltd.

by one per thousand of its gross revenue that formed by the end

of the financial year 2010 in accordance with the Act No. 4054.

(02.06.2011, 11-33/723-226 )