Introduction
M&A ) were notified to the Turkish Competition Authority
(
TCA ) although 21 of them were not
subject to notification for various reasons. Of these 208
notifications, 113 were part of global deals that were closed
outside of Turkey. We would like to clarify the conditions of the
notification requirement for an M&A by explaining the concept
of
change of control and the notification thresholds. It
would be also practical to bring up the
new merger test
and the
acceptable
1. Is there a change in the control structure?
The Turkish merger control system requires parties to make
notification of an M&A before closing the agreement. The