GCR 100 - 19th Edition

ELIG GÜRKAYNAK Attorneys-at-law

20 December 2018


ELIG Gürkaynak Attorneys-at-Law is still the first name on most people’s lips when it comes to competition advice in Turkey. The team is led by Gönenç Gürkaynak and consists of 45 specialists who devote more than 90% of their time to competition law matters, including three other partners, two counsel, and – uniquely in Turkey – a full-time in-house competition economist. Gürkaynak has nearly 20 years of competition work under his belt, working at the Brussels, New York and Istanbul offices of White & Case before joining ELIG.

With a healthy roster of international clients, ELIG unsurprisingly is involved in some big global mergers. The team advised Anheuser-Busch InBev in the joint venture of its Russian and Ukrainian businesses with the largest beer producer in Turkey, Anadolu Efes. In the aero-engine industry, ELIG acted for both Rolls-Royce and Kale concerning a full-function joint venture, and advised United Technologies in its purchase of aviation manufacturer Rockwell Collins. 

The firm also advised JPMorgan Chase, Citibank and Sumitomo Mitsui during an investigation by Turkey’s Competition Authority evaluating whether 12 financial institutions violated Turkish law through the exchange of information regarding loan conditions and other competitively sensitive information. The enforcer fined a few of the banks but did not impose any administrative fines on the three companies represented by ELIG.

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