Turkey: Corporate/Commercial Law

What makes these decisions particularly noteworthy is the investigative sequence that underlies them. The on-site inspection was conducted in the context of the same merger control file in which Provision's acquisition had been notified, and followed complaints received during the review process.

The first quarter of 2026 delivered a notably active period for Turkish competition law enforcement. The Turkish Competition Authority (“TCA”) advanced enforcement across anti-competitive agreements, abuse of dominance, and labour market practices, whilst simultaneously introducing significant regulatory and legislative changes. Landmark Constitutional Court rulings, a comprehensive overhaul of the merger control regime, and an escalating focus on digital platforms and the labour market collectively defined the quarter.

Following the significant amendments made on 11 February 2026 to the Communiqué Concerning the Mergers and Acquisitions Calling for the Authorisation of the Competition Board (Communiqué No: 2010/4) (“Communiqué”)...

NPPs operate as special import regimes that enable access to medicines that are either not authorised in Türkiye or are temporarily unavailable on the domestic market, upon the request of a treating physician.

Turkish Commercial Code Article 21/2 establishes that merchants who fail to object to invoice contents within eight days are deemed to have accepted them. However, this article examines whether maturity dates and maturity differences added to invoices without prior agreement between parties can become binding solely through this presumption, or whether such terms require separate contractual foundation or established commercial custom.

Rekabet Kurulu (“Kurul”) uzun bir aradan sonra teşebbüs yöneticisine şahsi para cezası uygulanmasına karar vermiştir.

A term sheet is the first substantive document exchanged in a venture capital transaction. It records the commercial and legal parameters that the parties have agreed in principle (e.g., valuation, investment amount, governance rights, exit mechanics) and signals that serious negotiations have begun. In the United States, where the global VC standard was established, the term sheet is a largely standardized instrument governed by well-developed transactional practice and a deep body of Delaware case law.

According to KPMG's Türkiye Startup Investments 2025 - Q2 Report, Türkiye's startup ecosystem has demonstrated resilience despite the global downturn, achieving a total investment volume of $325 million across 46 transactions and successfully re-attracting foreign investor interest, ...

Küresel ekonomik sistemin temel itici güçlerinden biri haline gelen girişimcilik (start-up) ekosistemi, teknolojik inovasyonun ve yeni iş modellerinin hayata geçirilmesinde kritik bir rol oynamaktadır.

Türkiye'de elektrik piyasasına ilişkin lisans rejimi, 6446 sayılı Elektrik Piyasası Kanunu ("Kanun") ve ikincil mevzuat çerçevesinde düzenlenmektedir. Elektrik piyasasında yürütülebilecek faaliyetler ve bu faaliyetler için alınması gereken lisans türleri Kanun'da belirlenmiştir

Electricity generated and consumed directly within the generation license holder's own consumption facilities, without being supplied to the transmission or distribution system, is not considered as a sale to end-users.

What makes these decisions particularly noteworthy is the investigative sequence that underlies them. The on-site inspection was conducted in the context of the same merger control file in which Provision's acquisition had been notified, and followed complaints received during the review process.