Rekabet Kurumu tarafından 2024 yılına ilişkin Birleşme Devralma Görünüm Raporu yayınlanmış olup buna göre 2024 yılında incelenen birleşme ve devralmalara ait toplam işlem adedi bir önceki yıl ile kıyaslandığında % 43 düzeyinde bir artış gözlendiği belirtilmiştir. Raporda yer alan bilgiler özetle şu şekildedir:

The Merger and Acquisition Outlook Report for 2024 was published by the Competition Authority and accordingly, it was stated that the total number of merger and acquisition transactions examined in 2024 increased by 43% compared to the previous year. The information contained in the report is summarised as follows:

Capital Markets Board (“CMB”) has increased the financial conditions for initial public offerings, based on the re-evaluation ratio, with its Decision dated 26 December 2024 and numbered 66/2058, announced in the CMB Bulletin dated 31 December 2024. Some of the significant changes are highlighted below:

12 Mart 2024 tarihinde yayımlanan Resmi Gazete ile 6698 sayılı Kişisel Verilerin Korunması Kanunu’nun (“Kanun”) “Kişisel verilerin yurt dışına aktarılması” başlıklı 9. maddesinde değişiklik yapılmıştı. Ardından, 10 Temmuz 2024 tarihli Resmi Gazete ile Kişisel Verilerin Yurt Dışına Aktarılmasına İlişkin Usul Ve Esaslar Hakkında Yönetmelik

Article 9 of the Law on the Protection of Personal Data No. 6698 (“Law”) titled “Cross-border transfer of personal data” was amended by the Official Gazette published on March 12, 2024. Subsequently, the Regulation on the Procedures and Principles Regarding the Cross-Border Transfer of Personal Data

The “Regulation on Administrative Fines for Anti-Competitive Agreements, Concerted Practices, and Decisions, and Abuse of Dominant Position” (“Regulation”), published in the Official Gazette No. 32765 dated 27 December 2024, establishes the procedures and principles for determining administrative fines to be imposed under Article 16 of the Law No. 4054 on the Protection of Competition (“Law”) replacing the “Regulation on Fines to Be Imposed in Cases of Anti-Competitive Agreements

The new administrative fines provided under Article 12 of the Law on the Regulation of Electronic Commerce are published. Based on an increase of 43.93% (which was determined as the re-evaluation rate for the year 2024 in the General Communiqué on Tax Procedure Law (No: 574)), the lower limit of the fines to be applied in 2025 was determined as TL 22,807 and the upper limit as TL 1.14 billion.

On December 3, 2024, the Turkish Competition Authority took a significant step by publishing the “Guidelines on Competition Infringements in Labour Markets” (“Guideline”) within the scope of the Law No. 4054 on the Protection of Competition (“Law No. 4054”).

The Regulation on Market Surveillance and Inspection of Products Made Available to the Market Through the Means of Electronic Communication Tools (“Regulation”) was published on the Official Gazette on October 30, 2024.

In recent years, legal systems worldwide have struggled to keep the pace with the rapid evolution of digital markets. Traditional laws have become inadequate to address the unprecedented scale and speed of digital businesses, the dominance of a few major players, and cross-border nature of digital transactions.