Merger and Acquisition Controls in Turkey and in Turkish-EU Relations: An Agenda for Future, Winter 2004

Saturday, February 5, 2005 | Download PDF in English

This article examines the law and practices related to merger and acquisitions (M&A) in Turkey. An overview of the strengths and weaknesses of the Competition Board is carried out with a set of suggestions as to how it may be possible to prepare for the needs which may arise in light of the anticipated changes in Turkey-EU relations. The importance of domestic constituency building and the priority of SMEs, as well as the importance of judiciary reform are emphasized. The article touches upon critical issues such as the weak level of consumer organization in Turkey as well as the insufficient level of respect of the Board’s advice by political actors. The interaction between development of Turkey-EU relations on other fronts and the issue of M&A is outlined and certain scenarios are analyzed in this framework...

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Ural Akuzum

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FROM THE DESK OF THE EDITOR

Brazil, Russia, India, China, and South Africa, or the BRICS nations, are living proof of how power and influence are constantly changing in the world's politics and economy. Redefining their positions within the global system and laying the groundwork for a multilateral world order that aims to challenge the traditional dominance of Western economies and institutions, the BRICS countries have...