Work Principles

The Authority takes into account certain fundamental values while fulfilling its duties and functions and pays attention to reflect those to its work.

1.Impartiality

In all its transactions and decisions, the Authority keeps an equal distance with all its shareholders without distinction and bases its decisions on the concrete conditions of the material facts, and on the evidence and findings collected in its examination.

2.Foreseeability

The Authority performs its duties within the framework of the legislation in effect, taking care to be consistent in terms of the procedures and principles. In accordance with the competition policy and the relevant legislation, the Authority creates a foreseeable implementation regime that is in line with global developments, free market principles, rational facts and concrete data; with particular regard paid to the best and most competitive market conditions.

3.Accountability

Competition Authority systematically shares its decisions as well as the knowledge and experience accumulated with the public. Decisions of the Competition Board are subject to review by the authorized administrative court. Its income and expenditures related to its activities are periodically examined by the agencies identified by the legislation.

4.Rapid Decision-Making

The Authority reviews its decision-making process in order to ensure that the decisions based on the available information and evidence are correct, clear and effective. Authority takes maximum care to the fact that all of its transactions are performed and decisions are taken rapidly and correctly.

5.Participation

The Authority conducts its activities in active cooperation with the relevant persons and institutions and by taking the opinions of these circles into account in its decision-making processes.

6.Expertise

The Authority conducts the activities within the area of its powers and responsibilities with competent human resources, based on the principle of expertise and qualification.

7.Efficiency

The Authority pays particular attention to carry out its activities by using its resources efficiently and productively.