CLA PartnersCompetition Law

Competition Law

The purpose of Competition Law and Competition Code is to prevent agreements, decisions and practices that prevent, disrupt or restrict the imbalance in the goods and service markets and to prevent unfair competition by making the necessary regulations and inspections. Competition is seen as a necessity in terms of ensuring social justice and economic efficiency within the market system. Protection of competition and prevention of monopoly is important in terms of ensuring the public interest by protecting the efficiency of the market system.
The formation and duties of the Competition Authority, which acts as an arbitrator with the aim of preventing unfair competition, have been determined by the Law No. 4054; The Competition Board acts as the decision-making body of the institution. Competition Board, which is authorized to regulate and supervise competition restrictive agreements, concerted practices and decisions, abuse of dominant position, restrictions on mergers and acquisitions, and other prohibitions, and the board may initiate competition investigations against companies on the grounds that agreements, actions, mergers and acquisitions, joint ventures and some decisions that are likely to adversely affect competition, create a violation of competition, either ex officio or upon applications submitted to it. A transaction or action that seems to be lawful within the framework of the principle of freedom of contract may constitute a violation of the law in terms of competition law. Companies may be subject to competition investigations and high amounts of fines due to violations of the rules for transactions they have made within the framework of goodwill. For this reason, it is necessary to follow the Competition Law rules and prohibited activities, and to inform the company managers and personnel, and it is convenient for the parties to receive legal support in this process. In terms of Competition Law, effective studies are carried out in our law firm. If we list our works under headings;
• Making and following up Complaint Applications to the Competition Authority in abuse of dominant position,
• Conducting the Competition Reviews process,
• To follow up the lawsuits filed depending on the decisions of the Competition Board,
• To express opinions on competition issues related to representation and distribution agreements,
• Guiding clients regarding competition regulations, rules and policies,
• Individual exemption and negative clearance applications,
• Applications to the Competition Authority regarding mergers and acquisitions