We are honored to present the second issue of the Competition Authority’s (TCA) quarterly periodical called “Competition Newsletter.”

In this winter term, while we welcome 2024, we take a look back to 2023 and we would proudly like to share the overall picture we depicted: In 2023, 58 investigations were concluded in total. For 46 of them, in which violations were detected or the undertakings settled with the TCA, a total of 2.3 billion TL fine was imposed. However, in some markets, guiding how to open the market to competition becomes more important than simply imposing fines or stopping violations. In this regard, 6 of the investigations, including those on Obilet, Krea and Sahibinden, were terminated by accepting the commitments made by the undertakings. We are currently working on 45 investigations, 35 of which have been initiated in 2023.

In light of this picture, with its aim to highlight the main activities of the TCA, this issue addresses the concluded and newly opened investigations during the last three months, as in the first issue. In addition, this time, legislative actions, Phase II merger reviews, sector inquiries and major news from the TCA are also covered.

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Respectfully submitted for the information of the public.