Article 4 of the Act № 4054 on the Protection of Competition prohibits “the agreements and concerted practices between undertakings, and decisions and practices of associations of undertakings which have as their object or effect or likely effect the prevention, distortion or restriction of competition directly or indirectly in a particular market for goods or services”. In the investigations carried out by the Turkish
Before starting commercial activity, all partnerships must consider the question of “which type of company” is best for their needs and structure. Under Turkish Commercial Code No. 6102 (“TCC”) and Turkish Code of Obligations No. 6098, companies are divided into two groups: sole proprietorships and equity companies. In this article, we will compare the structures of Common Partnership, Joint Stock Company, and Limited Company,