Investigation conducted about Kardemir Karabük Demir Çelik San. ve Tic. A.Ş., Çağ Çelik Demir ve Çelik Endüstri A.Ş., Çelsantaş Çelik Mamulleri San. ve Tic. A.Ş., Yolbulan Demir San. ve Tic. A.Ş. and Yolbulanlar Nakl. ve Tic. A.Ş. in order to determine whether the said undertakings violated articles 4,6 and 7 of the Act no 4054 by means of their practices in iron and steel market was concluded.

The investigation was initiated after the decision of 13th Chamber of the Council of State dated 22.03.2016 and numbered 2011/2373 E.; 2016/777 K. overruled the Board decision dated 27.01.2011 and numbered 11-06/101-34 to reject the complaint and not to initiate an investigation.

In the investigation conducted according to the decision of the Competition Board dated 18.06.2016 and numbered 16-28/477-M, considering the issues pointed out in the ruling, as a result of the discussion of the contents of the file by the Competition Board on 07.09.2017, it was decided that the following undertakings did not violate article 4 and 6 of the act no 4054:
 

Kardemir Karabük Demir Çelik San. ve Tic. A.Ş.,

Çağ Çelik Demir ve Çelik Endüstri A.Ş.,

Çelsentaş Çelik Mamulleri San. ve Tic. A.Ş.,

Yolbulan Demir San. ve Tic. A.Ş. and

Yolbulanlar Nakl. ve Tic. A.Ş.

Therefore, it was not necessary to impose administrative fines on the aforementioned undertakings and it was not necessary to make any proceedings within the framework of articles 7 and 11 of the Act no 4054 in respect of the acquisition by Yolbulan, Güleç and Yücel groups by means of taking joint control over Kardemir Karabük Demir Çelik San. ve Tic. A.Ş.

Click here for the text of the pronouncement (in Turkish) dated 07.09.2017 and numbered 17-28/481-207, the reasoned decision for which will be notified later and which can be appealed before Ankara Administrative Courts.