Amendments to the Communiqué on Acquisitions via Privatization

The Communiqué (Communiqué No. 2026/3) on Amendments to the Communiqué on the Procedures and Principles to be Followed in Pre-Notifications and Notifications to be Filed with the Competition Authority for Acquisitions via Privatization to Become Legally Valid (Communiqué No. 2013/2) entered into force upon its publication in the Official Gazette dated 11.02.2026 and numbered 33165.

Communiqué No. 2026/3 amended Article 3 of the Communiqué No. 2013/2, which regulates acquisitions via privatization subject to pre-notification. Accordingly, where the turnover of the undertaking to be privatized or the unit engaged in the production of goods or services exceeds TRY 1 billion, it is mandatory to submit a pre-notification to the Competition Authority and obtain the opinion of the

Competition Board (Board) prior to the public announcement of the tender specifications. The Board opinion will include evaluations regarding the consequences that will arise in the market because of the privatization from a competitive approach and will serve as a basis for the preparation of the tender specifications.