ARTICLE
5 September 2023

EssilorLuxottica's Never Ending Antitrust Saga: Is It The End Or An Encore?

GT
Gen Temizer

Contributor

Gen Temizer is a leading independent Turkish law firm located in Istanbul's financial centre. The Firm has an excellent track record of handling cross-border matters for clients and covers the full bandwidth of most complex transactions and litigation with its cross-departmental, multi-disciplinary and diverse team of over 30 lawyers. The Firm is deeply rooted in the local market with over 80 years of combined experience of the name partners while providing the highest global standards of legal services.
September 2023 – On 28 August 2023, the Turkish Competition Board announced that it had concluded its investigation into EssilorLuxottica alleged anti-competitive practices.
Turkey Antitrust/Competition Law

September 2023 – On 28 August 2023, the Turkish Competition Board announced that it had concluded its investigation into EssilorLuxottica alleged anti-competitive practices. The investigation stemmed out of the commitments offered and accepted during the 2018 merger of Essilor and Luxottica which that formed EssilorLuxottica. The decision is particularly interesting as the Board found EssilorLuxottica infringed the law on two accounts; (i) violation of commitments; (ii) abuse of dominant position.

You may read our Competition team's discussion on the possibility of a new examination of the merger of Essilor and Luxottica here:

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