Energy and Mining
SEE Legal Publications
Energy and mining
Banking and Finance
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When the Turkish Code of Obligations entered into force on 1 July 2012, it introduced numerous provisions in favour of lessees, similar to the pro-lessee provisions of the former Law on Real Estate Leases, without distinguishing between residential leases and workplace leases.
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The Law Amending the Law on Protection of Competition was published in the Official Gazette dated 24 June 2020 and entered into force on the same day. The Amendment Law introduced many significant changes in Turkish competition law.
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The Renewable Energy Integration Project carried out by the Turkish Electricity Transmission Company (TEIAS) aims to enhance the transmission infrastructure to support the integration of wind power plants to the electricity transmission grid.
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“Kanal Istanbul” is one of Turkish mega infrastructural projects.
https://seelegal.org/wp-content/uploads/2020/03/track.jpg 725 1200 sara https://seelegal.org/wp-content/uploads/2018/01/SeeLegalLogoHeader-1.png sara2020-04-28 00:46:482020-04-28 00:46:48KDK Law Firm's First Competition Quarterly Bulletin
Kolcuoglu Demirkan Kocakli Law Firm is publishing its first quarterly bulletin, where the developments in the area of Competition Law in Turkey will be summarised and recent notable decisions of the Competition Board will be highlighted on a quarterly basis.
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The Competition Board, with its decision dated 13 February 2020, has ruled that Google, the economic entity including Google Reklamcilik ve Pazarlama Ltd. Sti., Google International LLC, Google LLC, Google Ireland Limited and Alphabet Inc., is in a dominant position in general search services and online shopping comparison services markets, and has abused its dominant position by placing its rivals in the shopping comparison services into a competitive disadvantage and obstruct their activities. The decision, along with the implementation of an administrative fine of TRY 100 million, determined various obligations in order to “cease the infringement and re-establish the competition in the market”.
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The Law on the Amendments to the Banking Law and Certain Laws numbered 7222 (the “Amendment Law”) was published in the Official Gazette numbered 31050 and dated 25 February 2020. The Amendment Law introduces novelties to the Banking Law, Capital Markets Law, Law on Financial Leasing, Factoring and Financing Companies and Law on Debit Cards and Credit Cards.
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KDK advised Mediterra Capital on the sale of Mobiliz Tracking Systems, the market leader in the mobile tracking solutions sector in Turkey, to Fleet Services OOD.
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KDK’s Competition team, including counsel Neyzar Unubol, associate Ali Tuncsav and trainee associate Gulce Nur Osoydan, discusses the Turkish Competition Board’s on-site inspection authority and the Unilever decision in KDK’s latest Competition Law Bulletin.
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In its Mergers and Acquisitions Report 2019, Ernst & Young has selected PayU’s acquisition of iyzico as the Deal of the Year 2019. Kolcuoglu Demirkan Kocakli advised iyzico, the market leader in e-money and payment services in Turkey, and its shareholders on this transaction.
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Kolcuoglu Demirkan Kocakli Attorneys at Law’s Competition Law Counsel, Neyzar Unubol analyses the recent decision of the Turkish Competition Board in relation to whether WhatsApp correspondence could be considered as evidence of anticompetitive conduct.
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In the second session of the Fundamental Competition Law Training Seminar, held by Istanbul Bar Association Consumer Rights and Competition Law Center on 14 December 2019, KDK’s Competition Law Counsel Neyzar Unubol made a presentation on Abuse of the Dominant Position.