Law & Regulation
Competition Law
The general competition statute, enforced by the Turkish Competition Authority, including merger control.
Legal Significance
What This Instrument Does
Prohibits anti-competitive agreements and abuse of dominance and requires Competition Board clearance for mergers and acquisitions above notification thresholds set by communiqué.
Why It Matters
Sponsor share acquisitions and consortium changes in Turkish infrastructure assets commonly require Competition Board clearance.
Legal Framework Position
- CompetitionPrimary / Framework Instrument
Instrument Overview
- Official Citation
- Law No. 4054 on the Protection of Competition (Rekabetin Korunması Hakkında Kanun), adopted 7 December 1994, Resmî Gazete 13 December 1994, No. 22140
- Instrument Type
- Law / Act
- Source Language
- Turkish
- Enactment Date
- 7 December 1994
- Last Verified
- 1 October 2026
Official Source
View official source ↗Recent Developments
- Regulatory · 11 February 2026Competition Authority raises merger-control thresholds (Communiqué 2026/2)
Communiqué No. 2026/2, which amends Communiqué No. 2010/4 and was published and entered into force on 11 February 2026, raised Turkish merger-control notification thresholds. The new thresholds are TRY 3bn combined Turkish turnover with at least two parties above TRY 1bn each, or TRY 1bn for the target alongside TRY 9bn worldwide turnover. A lower TRY 250m threshold applies to certain technology undertakings.
- Market · 13 February 2025Competition Board clears Türkerler's sole control of Etlik City Hospital operating and construction companies
On 13 February 2025 the Turkish Competition Board (Decision 25-06/150-76) cleared Türkerler İnşaat's acquisition of sole control of the Ankara Etlik City Hospital O&M company and the Astaldi–Türkerler construction joint venture. This followed its November 2023 clearance for the hospital's project company and completed Astaldi's exit from the PPP.