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ACTECON offers support in preventing and resolving any issues related to WTO dispute settlements and international trade.
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ACTECON offers expert advice in relation to regulated markets and ensures that businesses comply with all the regulatory requirements.
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ACTECON understands the trends towards the future and works to make sure artificial intelligence and other technological developments comply with the rules of the competition.
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Practice Areas
News & Articles
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Competition Law | Articles
Turkish Competition Authority Reiterates: Labor Market is Subject to Competition Law Enforcement
Anti-competitive practices in the labor markets have generally not been on the radar of the competition watchdogs. Given the increase in the number of cases dealing with the labor markets within the last five years, this appears to change. The Turkish Competition Authority (“TCA”) contributed to that shift by publishing on May 6, 2020 another decision related with the labor markets
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Competition Law | Articles
Turkish Competition Watchdog Initiates its First Pandemic-Related Investigation
The Turkish Competition Authority (“TCA”) on March 23, 2020 gave its heads up to undertakings that it was “closely following the price increases”, which it referred to as “opportunistic” during the pandemic. As such, the TCA warned in its announcement that it will impose the highest fines allowed by the Turkish Competition Law on all the undertakings, if they engage in anticompetitive practices during the COVID-19 pandemic.
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Competition Law | Articles
The Undertakings Operating in the Automotive Sector under the Review of the TCA Once Again
In the previous days, the Turkish Competition Authority (“TCA”) resolved under its decision dated 26.03.2020 and numbered 20-16/234-M to open an investigation against the undertaking operating in the automotive sector in order to re-evaluate its decision dated 24.06.2009 and numbered 09-30/637-150 since it was annulled by the 13th Chamber of Council of States.
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International Trade | Articles
Liberalization & Restriction of International Trade Amid COVID-19 – Update of Turkey’s Measures on Imports and Exports
The COVID-19 pandemic is continuing to affect the global economy as well as our everyday lives. Indeed, the World Trade Organization estimates that global trade is likely to fall steeply in every region of the world and across all sectors of the economy. In an optimistic scenario, the volumes of global trade in goods could tumble by 13% in 2020. If the COVID-19 pandemic is not kept in check soon and if governments fail to coordinate policy responses, the decline could amount to 32%, or more.
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Regulation | Articles
How Will Turkey Deal with Unfair Practices During COVID-19 Outbreak: Establishment of the Unfair Price Assessment Board
While the world is dealing with novel coronavirus pandemic, many countries resorted to protectionist measures in order to preserve the quality of social life and stability of the economy from the effects caused by the outbreak. A package of measures to that end was introduced by the Turkish lawmakers via Act No. 7244 on Reducing the Effects of the Novel Coronavirus (COVID-19) Outbreak on Economic and Social Life and Amendments to Certain Acts (“Act No. 7244“), which was promulgated in the Official Gazette dated 17 April 2020 and No. 31102.
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Competition Law | Articles
TCA is Acting Heavy Handedly During Covid-19 Outbreak
In April 2020, The Turkish Competition Authority (“TCA”) initiated two separate preliminary inquiries into protective face mask industry and retail market players. These inquiries are a part of the TCA’s heavy-handed approach towards industries directly affecting consumers during Covid-19 outbreak. Our insights with respect to these inquiries and the TCA’s current way of functioning will be briefly shared with you.
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