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5 April 2017
Client Alert | Turkey | Competition | Motor vehicle sector
The Turkish Competition Authority (the "TCA") has introduced a new Block Exemption Communiqué no. 2017/3 on the Vertical Agreements in the Motor Vehicle Sector (the "New Communiqué"), published in the Official Gazette no. 29989 dated 24 February 2017, and abrogating the former communiqué no. 2005/4 on the same subject (the "Former Communiqué"). The New Communiqué entered into force on the same date as its publication, i.e. 24 February 2017. The TCA also introduced guidelines on the implementation of the New Communiqué immediately after its publication.
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