December 2012 - Transparency International (TI) released its 2012 Corruption Perception Index (CPI) this week. The 2012 CPI surveys 176 countries and territories (seven fewer than last year).
August 2012 – The Turkish Competition Board recently published its decision on the match-fixing activities of some of Turkey’s football clubs, a scandal that has gripped the Turkish public over the past year. According to the Board, match-fixing is not subject to competition legislation.
On 9 April 2012, the Turkish Competition Board made public its reasoned clearance decision on the merger of the two major cinema chains in Turkey, Mars Sinema and AFM. Following its preliminary evaluation, the Board initiated second-phase investigations in light of fears that the proposed transaction (as defined below) could raise competition concerns. The clearance decision was rendered on 17 November 2011, subject to the remedies implemented by the parties.
June, 2011 – Kinstellar contributed the Turkey chapter to the latest edition of “Getting the Deal Through, Securities Finance”, published by Law Business Research Ltd. The book provides an overview of securities laws in 27 countries, with chapters contributed by leading law firms in each jurisdiction.