{"id":5867,"date":"2026-04-24T14:20:58","date_gmt":"2026-04-24T14:20:58","guid":{"rendered":"https:\/\/tuo.av.tr\/?p=5867"},"modified":"2026-04-24T14:49:17","modified_gmt":"2026-04-24T14:49:17","slug":"rekabet-hukuku-bulteni-9-nisan-2026-22-nisan-2026","status":"publish","type":"post","link":"https:\/\/tuo.av.tr\/en\/rekabet-hukuku-bulteni-9-nisan-2026-22-nisan-2026\/","title":{"rendered":"Turkish Competition Law Biweekly Bulletin 9 April 2026 \u2013 22 April 2026"},"content":{"rendered":"
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\"Ge\u00e7erli<\/figure>\n<\/figure>\n\n\n\n

I. Overview<\/strong><\/p>\n\n\n\n

No enforcement decisions of the Turkish Competition Board (\u201cBoard\u201d) were published by the Turkish Competition Authority (\u201cAuthority\u201d) during the period between 8 and 22 April 2026. All decisions published in this period concern merger control clearances under Article 7 of Law No. 4054 on Protection of Competition (\u201cLaw No. 4054\u201d). We summarise below the most noteworthy transactions cleared during this period.<\/p>\n\n\n\n

II. Notable Merger Control Clearances<\/strong><\/p>\n\n\n\n

Sanofi \u0130la\u00e7 Sanayi ve Ticaret A.\u015e.\u2019nin hisselerinin %70\u2019inin Fareva taraf\u0131ndan devral\u0131nmas\u0131na ili\u015fkin i\u015flem (26-06\/176-65 say\u0131l\u0131 ve 19 \u015eubat 2026 tarihli karar).<\/em> Kurul, Sanofi \u0130la\u00e7 Sanayi ve Ticaret A.\u015e.\u2019nin (\u201cSanofi \u0130la\u00e7<\/strong>\u201d) hisselerinin %70\u2019inin ve tek kontrol\u00fcn\u00fcn k\u00fcresel \u00f6l\u00e7ekte s\u00f6zle\u015fmeli ila\u00e7 geli\u015ftirme ve \u00fcretim kurulu\u015fu (\u201cCDMO<\/strong>\u201d) olarak faaliyet g\u00f6steren Fareva S.A. (\u201cFareva<\/strong>\u201d) taraf\u0131ndan devralmas\u0131 i\u015flemine onay vermi\u015ftir. \u0130\u015flem, Fareva ile Sanofi grup \u015firketleri aras\u0131nda 25 Kas\u0131m 2025 tarihinde imzalanan Hisse Sat\u0131n Alma S\u00f6zle\u015fmesi\u2019ne dayanmaktad\u0131r. \u00c7ok say\u0131da ila\u00e7 ruhsat\u0131na sahip olan Sanofi \u0130la\u00e7, T\u00fcrkiye\u2019de geni\u015f bir \u00fcr\u00fcn yelpazesi i\u00e7in CDMO hizmetleri sunmaktad\u0131r. Kurul, Fareva\u2019n\u0131n T\u00fcrkiye pazar\u0131nda CDMO hizmeti sunmamas\u0131ndan hareketle, taraflar\u0131n T\u00fcrkiye\u2019deki faaliyetleri aras\u0131nda yatay ya da dikey \u00f6rt\u00fc\u015fme bulunmad\u0131\u011f\u0131n\u0131 tespit etmi\u015ftir ve i\u015flem ko\u015fulsuz olarak onaylanm\u0131\u015ft\u0131r. Sanofi \u0130la\u00e7\u2019ta geriye kalan %30 oran\u0131ndaki hisse ise, Sanofi b\u00fcnyesinde kalmaya devam etmektedir. Bu kapsamda Kurul, bu az\u0131nl\u0131k hissedarl\u0131\u011f\u0131ndan do\u011fan haklar\u0131n, yat\u0131r\u0131mc\u0131 haklar\u0131n\u0131n korunmas\u0131na y\u00f6nelik standart haklardan ibaret oldu\u011funu ve Sanofi\u2019ye Sanofi \u0130la\u00e7\u2019\u0131n stratejik ticari kararlar\u0131 \u00fczerinde belirleyici bir etki sahibi olma yetkisi sa\u011flamad\u0131\u011f\u0131n\u0131 tespit ederek s\u00f6z konusu yap\u0131n\u0131n ortak kontrol do\u011furmad\u0131\u011f\u0131na h\u00fckmetmi\u015ftir.<\/p>\n\n\n\n

Acquisition of five undertakings active in the renewable energy sector by \u0130\u015f Bankas\u0131 (Decision No. 25-45\/1135-638, dated 4 December 2025). The Board approved the acquisition by \u0130\u015f Enerji Yat\u0131r\u0131mlar\u0131 A.\u015e. (\u201c\u0130\u015f Enerji\u201d), ultimately controlled by T\u00fcrkiye \u0130\u015f Bankas\u0131 A.\u015e. (\u201c\u0130\u015f Bankas\u0131\u201d), of all shares and sole control of five undertakings including H16 Solar Enerji \u00dcretim Sanayi ve Ticaret A.\u015e., H22 Solar Enerji \u00dcretim Sanayi ve Ticaret A.\u015e., AKS \u0130\u015fletme Y\u00f6netimi ve Dan\u0131\u015fmanl\u0131k A.\u015e., Gusto Enerji \u00dcretim ve Ticaret A.\u015e., and Kayen Alfa Enerji Elektrik \u00dcretim A.\u015e.. The target undertakings are active in hydroelectric and solar power generation. The Board applied the aggregation rule under Article 8(5) of Communiqu\u00e9 No. 2010\/4, consolidating the turnovers of this transaction with \u0130\u015f Bankas\u0131\u2019s several prior acquisitions in the electricity generation sector made over the preceding three years for the purpose of calculating notification thresholds. Despite this aggregation, the combined market shares of the parties in the electricity generation and sales market remained at a low level, and the transaction was cleared without conditions. The decision reflects \u0130\u015f Bankas\u0131\u2019s continued and active consolidation of renewable energy assets in T\u00fcrkiye.<\/p>\n\n\n\n

Acquisition of Touton by Hartree (Decision No. 26-01\/5-4, dated 8 January 2026). The Board cleared the acquisition of all shares in Touton S.A. (\u201cTouton\u201d) by Hartree Partners, LP (\u201cHartree\u201d) through its subsidiary Hartree Bidco (UK) Limited. Touton is active in T\u00fcrkiye in the supply and trading of cocoa, green coffee beans, and cloves. Hartree, through its subsidiary ED&F Man Commodities, is also active in the green coffee bean supply market in T\u00fcrkiye. The Board identified a horizontal overlap in the green coffee bean supply market but found the combined market share of the parties to be at a level that would not give rise to competitive concerns, given the fragmented nature of the market and the presence of several larger competitors. The transaction was cleared unconditionally.<\/p>\n\n\n\n

Acquisition of Sphinx SAS by Warburg Pincus (Decision No. 26-03\/84-34, dated 29 January 2026). The Board cleared the acquisition of sole control of Sphinx SAS, which is the holding company of the Sebia group, a France-based global in-vitro diagnostics (\u201cIVD\u201d) company specialising in capillary electrophoresis technology used for the screening and monitoring of diseases including oncology, diabetes, and haemoglobinopathies, by Argent Bidco SAS, a newly incorporated vehicle indirectly controlled by funds managed by Warburg Pincus LLC. Sebia has no subsidiary or established presence in T\u00fcrkiye and operates only through local distributors. The Board found no horizontal or vertical overlap between the activities of Warburg Pincus\u2019s Turkish portfolio companies and those of Sphinx\/Sebia and cleared the transaction unconditionally.<\/p>\n\n\n\n

SPX Flow Inc.\u2019in ITT Inc. Taraf\u0131ndan devral\u0131nmas\u0131na ili\u015fkin i\u015flem (26-02\/39-19 say\u0131l\u0131 ve 15 Ocak 2026 tarihli karar). <\/em>Kurul, daha \u00f6nce Lone Star fonlar\u0131n\u0131n kontrol\u00fcnde bulunan SPX Flow Inc.\u2019in tek kontrol\u00fcn\u00fcn ITT Inc. taraf\u0131ndan devral\u0131nmas\u0131 i\u015flemine onay vermi\u015ftir. Her iki te\u015febb\u00fcs de T\u00fcrkiye\u2019de end\u00fcstriyel ekipman pazar\u0131nda faaliyet g\u00f6stermektedir. Kurul, taraflar\u0131n faaliyetleri aras\u0131nda T\u00fcrkiye\u2019de \u00e7ift vidal\u0131 pompa tedariki ve santrif\u00fcj pompa tedariki pazarlar\u0131nda yatay \u00f6rt\u00fc\u015fme bulundu\u011funu tespit etmi\u015ftir. Bununla birlikte her iki pazardaki birle\u015fik pazar pay\u0131n\u0131n %20\u2019nin belirgin bi\u00e7imde alt\u0131nda kald\u0131\u011f\u0131 ve g\u00fc\u00e7l\u00fc k\u00fcresel oyuncular\u0131n pazarda aktif konumda bulundu\u011fu de\u011ferlendirilerek i\u015flem ko\u015fulsuz olarak onaylanm\u0131\u015ft\u0131r.<\/p>\n\n\n\n

Marmara-Siegener Galvaniz\u2019deki hissenin B.E. Wedge Holdings taraf\u0131ndan devral\u0131nmas\u0131na ili\u015fkin i\u015flem (25-46\/1155-649 say\u0131l\u0131 ve 11 Aral\u0131k 2025 tarihli karar).<\/em> Kurul, Woolridge ailesi taraf\u0131ndan kontrol edilen B.E. Wedge Holdings Ltd.\u2019nin (\u201cBEW<\/strong>\u201d), T\u00fcrkiye\u2019de s\u0131cak dald\u0131rma galvanizleme hizmetleri sunan Marmara-Siegener Galvaniz Sanayi ve Ticaret A.\u015e.\u2019de (\u201cMSG<\/strong>\u201d) The Coatinc Company Holding GmbH\u2019nin (\u201cTCC<\/strong>\u201d) sahip oldu\u011fu hisse ve ortak kontrol haklar\u0131n\u0131 devralmas\u0131 i\u015flemine onay vermi\u015ftir. \u0130\u015flem sonras\u0131nda BEW, TCC\u2019nin yerine Y\u0131ld\u0131r\u0131m ailesiyle birlikte MSG \u00fczerinde ortak kontrol sahibi olacakt\u0131r. Kurul, MSG\u2019nin galvanizleme hizmetleri ile Woolridge ailesinin T\u00fcrkiye\u2019de i\u015ftiraklerinden biri arac\u0131l\u0131\u011f\u0131yla y\u00fcr\u00fctt\u00fc\u011f\u00fc galvaniz f\u0131r\u0131n\u0131 \u00fcretimi ve sat\u0131\u015f\u0131 faaliyetleri aras\u0131nda dikey \u00f6rt\u00fc\u015fme bulundu\u011funu tespit etmi\u015ftir. Bununla birlikte hem galvanizleme hizmetleri hem de galvaniz f\u0131r\u0131n\u0131 tedariki pazarlar\u0131ndaki birle\u015fik pazar paylar\u0131n\u0131n Yatay Olmayan Birle\u015fme ve Devralmalar Hakk\u0131nda K\u0131lavuz\u2019da \u00f6ng\u00f6r\u00fclen %25 e\u015fi\u011finin belirgin bi\u00e7imde alt\u0131nda kald\u0131\u011f\u0131 ve galvanizleme hizmetleri pazar\u0131nda g\u00fc\u00e7l\u00fc yerli rakipler ile f\u0131r\u0131n tedariki pazar\u0131nda uluslararas\u0131 oyuncular\u0131n varl\u0131\u011f\u0131 g\u00f6z \u00f6n\u00fcne al\u0131nd\u0131\u011f\u0131nda, i\u015flem ko\u015fulsuz olarak onaylanm\u0131\u015ft\u0131r. Ayr\u0131ca bildirimin kapsam\u0131nda yer alan ikinci i\u015flem olan TCC\u2019deki hisselerin Paul Niederstein taraf\u0131ndan BEW\u2019den devral\u0131nmas\u0131 i\u015fleminin ise bildirim e\u015fiklerinin a\u015f\u0131lmamas\u0131 nedeniyle Kurul iznine tabi olmad\u0131\u011f\u0131 sonucuna ula\u015f\u0131lm\u0131\u015ft\u0131r<\/p>\n\n\n\n

Establishment of a joint venture between Nippon Steel and Sumitomo (Decision No. 26-03\/74-29, dated 29 January 2026). The Board cleared the establishment of a full-function joint venture, Loopium Pte. Ltd. (\u201cLoopium\u201d), by Nippon Steel Corporation (\u201cNSC\u201d) and Sumitomo Corporation (\u201cSC\u201d). Loopium will operate in the leasing, sale, maintenance, and recycling of corrosion-resistant alloy (\u201cCRA\u201d) oil country tubular goods, primarily serving customers in the UAE, Saudi Arabia, Qatar, the United States, and Malaysia. Loopium will not conduct any commercial activities in T\u00fcrkiye. The Board nonetheless examined a horizontal overlap in the grain-oriented electrical steel distribution market in T\u00fcrkiye, where both NSC and SC are active through sales to Turkish customers. The combined market shares of the parties in this market were found to be at a low level and the transaction was cleared unconditionally.<\/p>\n\n\n\n

III. Key Takeaways<\/strong><\/p>\n\n\n\n

The absence of enforcement decisions in this period should not be read as a signal of reduced enforcement activity. The Board\u2019s current investigation pipeline remains active, as evidenced by the multiple ongoing proceedings referenced in our previous bulletin. On the merger control front, two observations stand out.<\/p>\n\n\n\n

First, the Fareva\/Sanofi \u0130la\u00e7 transaction is a notable example of an international CDMO player entering the Turkish pharmaceutical manufacturing space. As pharmaceutical supply chains continue to be restructured globally, further consolidation at the manufacturing level can be expected, and the Board\u2019s efficient clearance of this transaction is a positive signal for the sector.<\/p>\n\n\n\n

Second, the \u0130\u015f Bankas\u0131 decision illustrates the Board\u2019s rigorous application of the aggregation rule for serial acquirers. Businesses that have been active acquirers in a particular sector should be mindful that prior acquisitions made within the preceding three-year period will be consolidated for turnover threshold calculations, potentially triggering notification obligations for transactions that would otherwise fall below the thresholds on a standalone basis.<\/p>\n\n\n\n

This bulletin is prepared for general informational purposes only and does not constitute legal advice.<\/em><\/p>","protected":false},"excerpt":{"rendered":"

I. Genel De\u011ferlendirme 8 ile 22 Nisan 2026 tarihleri aras\u0131nda Rekabet Kurumu taraf\u0131ndan (\u201cKurum\u201d) Rekabet Kurulu\u2019nun (\u201cKurul\u201d) herhangi bir rekabet ihlali karar\u0131 yay\u0131mlanmam\u0131\u015ft\u0131r. Bu d\u00f6nemde yay\u0131mlanan t\u00fcm kararlar, 4054 say\u0131l\u0131 Rekabetin Korunmas\u0131 Hakk\u0131nda Kanun\u2019un (\u201c4054 say\u0131l\u0131 Kanun\u201d) 7. maddesi kapsam\u0131ndaki birle\u015fme ve devralma bildirimlerine ili\u015fkindir. S\u00f6z konusu zaman diliminde \u00f6ne \u00e7\u0131kan Kurul kararlar\u0131 a\u015fa\u011f\u0131da \u00f6zetlenmektedir. II. \u00d6ne \u00c7\u0131kan Birle\u015fme ve […]<\/p>","protected":false},"author":1,"featured_media":5881,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26,27],"tags":[],"class_list":["post-5867","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-duyurular","category-yayinlar"],"_links":{"self":[{"href":"https:\/\/tuo.av.tr\/en\/wp-json\/wp\/v2\/posts\/5867","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tuo.av.tr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tuo.av.tr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tuo.av.tr\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tuo.av.tr\/en\/wp-json\/wp\/v2\/comments?post=5867"}],"version-history":[{"count":4,"href":"https:\/\/tuo.av.tr\/en\/wp-json\/wp\/v2\/posts\/5867\/revisions"}],"predecessor-version":[{"id":5882,"href":"https:\/\/tuo.av.tr\/en\/wp-json\/wp\/v2\/posts\/5867\/revisions\/5882"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tuo.av.tr\/en\/wp-json\/wp\/v2\/media\/5881"}],"wp:attachment":[{"href":"https:\/\/tuo.av.tr\/en\/wp-json\/wp\/v2\/media?parent=5867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tuo.av.tr\/en\/wp-json\/wp\/v2\/categories?post=5867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tuo.av.tr\/en\/wp-json\/wp\/v2\/tags?post=5867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}