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Global Competition Law

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 2: Third States

    • Title 22: TURKEY

      • Chapter 2: MERGERS

        • Section 1: Substantive rules

        • Section 2: Enforcement

          • I: Enforcement authority

          • II: Enforcement proceedings

          • III: Conditions/Sanctions

          • IV: Appeals

1354. Fines

1 minute de lecture

According to Section 16 of the Act, a fine of up to 0.1% of the undertakings' annual turnover may be imposed for failure to notify an acquisition or merger within a specified period where such notification is compulsory, for gun-jumping or for the provision of false or misleading information in the notification form. The minimum fine may not be lower than TRY 31,903 (EUR 3,600). If, the transacti …

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