Turkiye: Announced investigation into Google's proposed acquisition of Mandiant

On 31 May 2022, the Turkish Competition Authority (TCA) opened its investigation into Google's proposed acquisition of Mandiant, a cybersecurity company headquartered in the United States of America. After Communiqué No. 2022/2 Concerning Mergers and Acquisitions Requiring the Approval of the Turkish Competition Board was implemented on 4 May 2022, the acquisition of digital platforms, software companies and other technology companies are excluded from the usual notification threshold of TRY 250 million and must therefore always be notified to the TCA. This applies to Google's planned acquisition of Mandiant, as Mandiant is considered a software company.