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...