Turkiye: Turkish Competition Authority investigation into proposed acquisition of Kartek Holding by Param Holdings International Cooperatief
Progress
Current status
under investigation
27 Dec 2024 under investigation
Scope
Implementers
Turkiye
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
infrastructure provider: other
Government Branch
executive
Government Body
competition authority
Implementation Level
national
Timeline of events
Turkish Competition Authority issued conditional order authorising the acquisition of Kartek Holding by Param Holdings International Cooperatief subject to addressing competition concerns (Order No. 24-56/1241-531)
On 27 December 2024, the Turkish Competition Authority conditionally approved the acquisition of sole control of Kartek Holding by Param Holdings International Coöperatief. Kartek operates in system operation and infrastructure supply for the paymen…
SourceEvent type
investigation
Action type
interim ruling
Government branch
executive
Government body
competition authority