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Important Legislation and Decisions regarding Competition

• The Competition Board (“Board”) decided in response to the

claim that Miele Elektrikli Ev Aletleri Dış Tic. ve Paz. Ltd. Şti.

maintained the resale prices for Miele branded products sold

and marketed in Turkey, it was decided UNANIMOUSLY that

initiating an investigation concerning the claim under article 41

of the Act no 4054 was not necessary and the complaint was

rejected. (29.12.2011, 11-64/1660-590)

• The Board decided as a result of the examination conducted in

response to the request for the grant of a certificate of negative

clearance/exemption to the “Supplemental Agreement to the

Yapı Kredi-Anadolubank World Credit Card Program

Cooperation Agreement dated 30.06.2008”, signed between

Yapı ve Kredi Bankası A.Ş. and Anadolubank A.Ş. on

13.12.2011, that (a) a certificate of negative clearance could not

be granted to the “Supplemental Agreement to the Yapı Kredi-

Anadolubank World Credit Card Program Cooperation

Agreement dated 30.06.2008”, signed between Yapı ve Kredi

Bankası A.Ş. and Anadolubank A.Ş. on 13.12.2011, (b) the

Agreement in question could not benefit from block exemption

under the Block Exemption Communiqué on Vertical

Agreements no 2002/2 since Yapı ve Kredi Bankası A.Ş. and

Anadolubank A.Ş. were competing undertakings, and (c) as a

result of the assessment conducted within the framework of

article 5 of the Act no 4054, an exemption under paragraph two

of the aforementioned article should be granted to the

Agreement in question since the conditions listed in paragraph

one were fulfilled. (12.01.2012, 12-01/10-7)

• The Board decided as a result of the examination conducted in

response to the request for the authorization under article 7 of

the Act no 4054, or in case it is decided that an authorization is

not necessary, for the grant of a certificate of negative clearance

under article 8 of the same act to the sum of transactions con-

sisting of the formation of a new joint-stock company by United

Arab Shipping Company, United Arab Shipping Company

Services DMCCO, Aratrans Transport and Logistics Service

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NEWSLETTER 2012