Significant Amendments are Introduced to the Block Exemption Communiqué on Vertical Agreements
Pursuant to the Communiqué Amending Block Exemption Communiqué on Vertical Agreements (“Amending Communiqué”) published in the Official Gazette dated 05.11.2021 and numbered 31650, the market share threshold determined as 40% by the Block Exemption Communiqué on Vertical Agreements numbered 2002/2 (“Communiqué numbered 2002/2”) is reduced to 30%.
From now onwards, for the suppliers to be granted block exemption, their market share in the relevant market the goods and services are supplied under the vertical agreement shall not exceed 30%. Along with that, previously, the validity of the exemption period is amended if the market share exceeds 45% during the exemption period. This threshold is also reduced to 35%.
Undertakings that were granted block exemption within the scope of the Communiqué numbered 2002/2 when the Amending Communiqué entered into force, yet with a market share above the 30% threshold, shall adapt to the amended exemption provisions within six months following the effective date of the Amending Communiqué.
Amending Communiqué enters into force on the date of publication.
You may find the Turkish version of the Amending Communiqué here (Turkish).
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