In February, the Turkish Competition Board (the “Board”) approved 14 merger control filings and published 8 reasoned decisions.
The most important recent development is that the Turkish merger control thresholds have been updated with other significant changes. Although it was published on March 4th (not in February), as it is a very significant development please find our take on the new merger control thresholds here.
Another important development in Turkish competition law in February is that the application regarding the acquisition of sole control of Sörmaş Söğüt Refractory Materials A.Ş. by RHI Magnesita NV, has entered Phase II review.