PRIVATISATION IN TURKEY

ASSURING COMPETITION

To protect consumers, to ensure a well-functioning of market, to meet economic needs of society and for the sake of public benefits, the following actions are strictly prohibited:

i. Creating a control over market functioning,
ii. Creating barriers to the activities of competitors
iii. Preventing new players from entering into the market,
iv. Unequally treating the market players with equivalent status for equal rights, obligations and liabilities,
v. Obliging buyers to purchase other goods and services in conjunction with certain goods and services,
vi. Making compulsory the sale of certain goods and services demanded by wholesalers or intermediaries on display of other goods and services
vii. Placing forth-conditions for the resale of certain goods and services already supplied,
viii. Mergers or takeovers through certain agreements, applications and decisions in a manner directly or indirectly, seriously preventing, disrupting or restricting competition and causing creation of monopolies

The Turkish Competition Authority is asked for its view on the privatisation transactions to ensure that any violation of competition will not occur after the privatisation.

Moreover, if the organization to be privatised operates in one of the following market categories, then PA collaborates with the corresponding regulatory and supervisory authority to ensure the well-functioning of the marker after the privatisation:

 

Category Relevant Regulatory and Supervisory Authority
Banking Banking Regulation and Supervision Agency
Electricity, gas, petroleum Energy Market Regulatory Authority
Capital Markets Capital Markets Board
Telecommunications Telecommunications Authority
Tobacco & Alcoholic Bev. Regulatory Authority for Tobacco, Tobacco Products &Alcoholic Beverages
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