Competition Authority Publishes Its 2023 Annual Report

The Turkish Competition Authority (“TCA”) published its annual report1 (“Report”) covering its
activities and relevant data from 2023 on 12 August 2024.
According to the Report, 370 files were finalized in 2023, 145 of which were related to competition
violations2, eight to exemption/negative clearance applications, and 217 of which were related to
merger/acquisition transactions. When compared to 2022, the number of decisions of the
Competition Board (“Board”) regarding violation of competition was higher this year, however, a
decrease was noted in terms of merger/acquisition transactions and exemption/negative clearance
cases.

For full copy of the bulletin, please click here.