Duties and Powers of the Competition Board

  • Conducting examinations, inquiries and investigations, upon request or on its own initiative, concerning the practices and legal transactions prohibited in this Act; in case it is found that the provisions of this Act have been violated, taking necessary measures to terminate such violations and imposing administrative fines on those responsible,
  • Assessing exemption and negative clearance requests of those concerned, granting certificates of exemption and negative clearance to suitable agreements,
  • Constantly monitoring the markets related to the exemption decisions taken and negative clearance certificates issued in order to re-evaluate the applications of those concerned in case a change in these markets or in the conditions of the parties is detected,
  • Authorizing mergers and acquisitions,
  • Appointing the Vice-Presidents and the Chief Legal Advisor on the proposal of the President,
  • Issuing communiqués and making the necessary regulations related to the implementation of this Act,
  • Rendering opinions, directly or on the request of the ministry, concerning the amendments to be made in the legislation related to competition law,
  • Monitoring the legislations, practices, policies and measures in other countries related to anti-competitive agreements and decisions,
  • Establishing the personnel policies of the Authority, monitoring the implementation thereof, conducting appointment transactions of the personnel,
  • Approving the annual budget, final income-expenditure accounts and annual work programs prepared by the Presidency, deciding to make transfers among the accounts in the budget if necessary,
  • Preparing an annual report on its work as well as on the situation and developments in the areas related to its duties,
  • Discussing and deciding about proposals concerning purchases, sales and leases including the purchase of movable and immovable properties and fixtures; making the necessary regulations thereon,
  • Taking decisions concerning all kinds of transactions concerning debits, rights and loans of the Authority in relation to third parties,
  • Carrying out other duties entrusted by the Act.