Article
Technology Undertaking Exemption Revisited: Recent Amendments Redefine Tech Merger Notifications In Turkey
As the previous formulation was interpreted expansively to include undertakings that provided
services to Turkish users, the new criterion appears to represent a
deliberate choice which allows interpretations that narrows the
scope. Whether digital platforms without a Turkish corporate entity
but systematically targeting Turkish consumers can be considered
"established" remains to be clarified through guidelines
and Board decisions. Similarly, whether a formal incorporation
would be required, or more
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