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The Beginning Of A New Age: The Commitment Mechanism Introduced In Turkish Competition Law Enforcement - Anti-trust/Competition Law


Introduction
The Turkish Competition Authority
(“
Authority”) has recently
published its Draft Communiqué on Commitments Offered During
Preliminary Investigations and Investigations on Restrictive
Agreements, Concerted Practices, Decisions and Abuse of Dominance
(“
Draft Communiqué”)
which has introduced a new commitment mechanism to Turkish
competition law enforcement. This mechanism makes it possible for
the undertakings and trade associations to offer commitments during
an ongoing preliminary investigation or a full-fledged
investigation process, in order to eliminate potential competition
concerns under Articles 4 and 6 of the Law No. 4054 on the
Protection of Competition (“
Law No.
4054”) that prohibit restrictive agreements and
abuse of dominance.
The primary legal basis of the commitment mechanism is Article ....

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