Step-by-step conveyancing and procedure stages

Initial review and conflict check

We take the facts, run a conflict check, and tell you quickly whether you have a notification, an investigation or a compliance question on your hands.

Transaction and market assessment

We analyse turnover and the affected markets to determine whether a deal is notifiable in Türkiye, including the effects-doctrine question for offshore transactions.

Notifiability and risk opinion

You get a clear written opinion — notifiable or not, the SIEC risk, and the timetable — so the deal team can plan with certainty and a fixed fee.

Filing or defence

We prepare and file the merger notification, or build and submit the defence to an investigation, with the supporting economic argument.

Engaging with the Board

We manage communication with the Competition Board, respond to information requests, and steer timing through Phase I and any Phase II review.

Clearance or resolution

We secure clearance, negotiate commitments where needed, or work to close out an investigation on the best available terms.

Compliance follow-up

We put compliance measures and a dawn-raid protocol in place so the next deal or inspection is handled cleanly.

Critical statutory deadlines and calendar windows

Time limits that run in a Turkish competition matter

15 days~~Merger review: after notification the Board must clear the deal or open an in-depth review, telling the parties the deal is suspended (Law No. 4054, Art. 10).~~

30 days~~Merger review: if the Board gives no answer and takes no action, the deal becomes legally valid 30 days after notification (Art. 10).~~

30 days~~Investigation: written defence to the investigation report, counted from service; one extension of up to the same period on justified grounds. Late defences are not considered (Art. 45).~~

60 daysAppeal to the administrative court, counted from notification of the reasoned decision (Art. 54; Administrative Procedure Law, Art. 7). Filing does not stop a decision or the collection of fines (Art. 55).

6 months~~Investigation: to be completed within six months, with one extension of up to six more (Art. 43).~~

What to have ready

Before a first conversation about a Turkish competition matter, it helps to have the following gathered. None of it is a formality — the notifiability call and the timetable are built on exactly these facts.

Prepare the turnover figures: Turkish turnover for each party and worldwide turnover for each party, since both threshold tests in Communiqué No. 2010/4 turn on them.
Check whether the transaction produces a lasting change of control, and identify who acquires it — this is the trigger before any threshold question arises.
Note whether a merging party, or the undertaking being acquired, is a technology undertaking established in Türkiye, because the TL 1 billion Turkish-turnover figures are then applied as TL 250 million for the transferred party (Communiqué No. 2010/4, Art. 7(2)).
Map the affected markets and where in Türkiye competition could be affected, including for deals signed entirely abroad under the Article 2 effects doctrine.
Put the notification into the deal timetable before the closing date is fixed, and confirm no step would amount to closing before clearance.
Collect the distribution, pricing, supply and cooperation agreements touching Türkiye, so Article 4 and Article 6 exposure can be reviewed at the drafting stage.
Have a dawn-raid protocol ready in advance: who to call, what officers may and may not do under Articles 14 and 15, and how legal privilege is preserved.

Governing statutory provisions under Turkish law

4054~~LAW NO.~~

Law on the Protection of Competition · Art. 2, 4, 5, 6, 7, 10, 11, 14, 15, 16, 17, 40–48, 54–58

The core statute: Article 4 prohibits anticompetitive agreements and concerted practices, Article 6 abuse of a dominant position and Article 7 controls mergers, while Article 2 extends the regime on an effects basis to conduct and deals carried out abroad.

2010/4

Communiqué No. 2010/4 on Mergers and Acquisitions Requiring the Approval of the Competition Board · Art. 5, 7, 8, 10, 11, 13

Sets the turnover thresholds that decide when a transaction must be notified to and cleared by the Competition Board before closing, including the lower figures for technology undertakings; the thresholds were last reset by the amendment of 11 February 2026 and are revised by amending Communiqué.

Competition & Antitrust Law in Türkiye: Investigation Stages, M&A Clearance & Defense