Newsletter-21

456 NEWSLETTER 2016 not to issue a certificate of negative clearance for the “Co- operation Agreement,” signed between Bankalararası Kart Merkezi A.Ş. and Discover Financial Services LLC, but to grant an individual exemption. (18.02.2016, 16-05/106-47) • The Board decided that the Non-Life Insurance Agency Agreement concluded between Türkiye Garanti Bankası A.Ş. and Eureka Sigorta A.Ş. does not benefit from the block exemption; however, an individual exemption shall be granted. (10.03.2016, 16-09/152-67) • The Board granted negative clearance to the transaction of sharing “second hand automobile sales data” and “new ve- hicle sales data” by EBS Otomotiv Yönetim Danışmanlığı. (30.03.2016, 16-12/194-88) • The Board decided that the Global Joint PublicityAgreement signed by Ares Trading S.A and Pfizer Inc. does not benefit from block exemption, however it granted an individual ex- emption to the said agreement. (20.04.2016, 16-14/215-93) • The Board granted negative clearance to the Sub-Production Agreement signed between Atiker Metal İthalat İhracat ve İmalat San. Tic. A.Ş. and Aldesa Yakıt Sistemleri Sanayi ve Ticaret A.Ş. (20.04.2016, 16-14/218-95) • The Board decided that since the Purchase Agreement be- tween Arçelik A.Ş. and TP Vision Elektronik Ticaret A.Ş. is not within the scope of Article 4 of Law numbered 4054, negative clearance shall not be granted – due to the fact that the said agreement fulfills the conditions under Article 5 of Law numbered 4054, an individual exemption shall be granted for a period of 5 years. (03.05.2016, 16-15/243-105) • The Board granted an individual exemption to the Frame- work Agreement dated 09.12.2015 and additional agree- ments signed between Aksigorta A.Ş. and Acıbadem Sağlık and Hayat Sigorta A.Ş. (11.05.2016, 16-16/269-120) • The Board decided that negative clearance shall not be grant- ed with respect to the Distribution Agreement between the