The Turkish Competition Board has concluded a Phase II
investigation into the proposed acquisition of majority of shares
in MH Perakendecilik ve Ticaret A.Ş. by Anadolu Endüstri
Holding A.Ş. MH Perakendecilik ve Ticaret A.Ş.is the
majority shareholder of the Turkish retailer Migros Türk
A.Ş. The Competition Board announced on 28 July 2015 that it
has completed the Phase II investigation into the proposed
acquisition. The Competition Board granted a clearance for the
acquisition conditioned upon fulfillment of certain remedies.
The Competition Board began a Phase II investigation in April
2014.Anadolu Endüstri Holding A.Ş. is active in the
alcoholic beverages sector through Anadolu Efes Biracılık
ve Malt Sanayii A.Ş., a brewing company, as well as other
The Competition Board announced on 28 July 2015 that it has
concluded the Phase II investigation, granting clearance for the
proposed acquisition conditioned upon fulfillment of certain
Migros must continue its commercial relations with the existing
competitors of Anadolu Efes on an objective basis subject to
Migros must enter into commercial relations with Anadolu
Efes's new competitors on an objective basis subject to
Migros must not avoid selling products of competitors of
Migros must maintain the same brewer, product and brand
variety, as well as the same shelf space ratio.
A more detailed analysis on the merits of the case and the
remedies can be made once the Board's reasoned decision is
The Competition Authority is responsible for enforcing
competition rules in Turkey. It is an independent regulatory
authority with administrative and financial autonomy. The
Competition Board is the decision making body within the Authority.
You can read the full text of the Competition Authority's
recent announcement at this
link (only available in Turkish). Please see this
link for more information about the Turkish Competition
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about your specific circumstances.
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