On 17 August 2005, the Executive Regulation of the Protection of Competition and Prohibition of Monopolistic Practices Law No. 3 of 2005 (promulgated by Prime Minister's Decree No. 1316 of 2005) entered into force. The regulation includes provisions on merger control, which assess and restrict mergers between firms to prevent market consolidation. Articles 10 to 12 outline the rules governing agreements and contracts between competing persons, prohibiting those intended to fix prices, divide markets, or restrict production, distribution, or marketing in ways that harm competition. These provisions aim to ensure that mergers and agreements do not lead to anti-competitive outcomes.
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