Amendment to the Settlement Regulation
Amendment Regulation on the Settlement Procedure for Investigations on Anticompetitive Agreements, Concerted Practices, Decisions and Abuse of Dominant Position (“Regulation”) was published in the Official Gazette dated 18.03.2022 and numbered 31782 and entered into force.
Scope of Changes
The third paragraph of Article 9 of the Regulation has been repealed. This paragraph is as follows:
‘’In cases where the investigation continues with respect to at least one undertaking or association of undertakings, the final decision of the reasoned settlement shall not be notified to the conciliation party before the final decision is taken.’’
Conclusion
With the amendments, it is possible to notificate the reasoned settlement’s final decision before the final decision of the investigation even if the investigation is incomplete.
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