GCR 100 2024

ACTECON

ACTECON

Professional notice

Turkey

Highly recommended

Competition specialist ACTECON has abundant experience representing top international companies in their most critical transactions and investigations. Partners and practice leaders Fevzi Toksoy and Bahadır Balki lead a team of six counsel and 26 associates. Meta Platforms is a key client and has instructed the firm to handle a TCA abuse of dominance investigation into WhatsApp’s updated terms of service and privacy policy focusing on cross-service data sharing. Another prestigious client is EssilorLuxottica, which the firm is helping to comply with remedies imposed by the TCA as part of the company’s acquisition of GrandVision from HAL Optical Instruments in 2021. Elsewhere, the firm represented Suez on the acquisition of waste management assets from Veolia, which the TCA cleared in October 2022. The firm also advised AmerisourceBergen Corporation on its purchase of Pharmalex Holding, winning approval from the TCA in November 2022.

FirmHead(s) of competitionSizeNo. WWL nomineesClients
Highly Recommended
ActeconFevzi Toksoy, Bahadır Balki2 partners, 6 counsel, 26 associates2Meta Platforms, EssilorLuxottica, Suez, Bundesministerium Der Finanzen, AmerisourceBergen Corporation, Hanwha Corporation, NielsenIQ, GIC Group, IVECO, Mondelez, Coca-Cola, Jacobs Douwe Egberts, DFDS, Kronospan

Who We Are

ACTECON is an advisory firm for competition, international trade, and regulatory matters. Celebrating our 20th anniversary this year, we offer effective strategies from law & economics perspective, ensuring that business objectives, practices, and economic activities comply with the law.

ACTECON draws its strength from its committed and solution-oriented team, sector-specific knowledge, local and multinational expertise, and know-how on the insights of the business world. The firm creates a difference through its in-depth understanding of the competition dynamics and the challenges of the global economy.

What We Do

ACTECON's competition practice covers all aspects of competition law. It includes antitrust investigations, merger control, antitrust litigation, sector inquiries, leniency applications, competition law support in claims and calculation of damages, commitments, and negotiations with the Turkish Competition Authority ("TCA”), negative clearance and individual exemption applications, competition compliance programs and day-to-day advice.

ACTECON is best known for its success in defending clients before the TCA on investigations. Based on our expertise, know-how and sector-specific knowledge, we can design efficient defences. We combine legal and economic analysis so that our clients benefit from fact-based arguments to the furthest extent. We are proud of having a great number of investigations which resulted in favour of our clients, with no fine imposed. We also have a rich leniency expertise.

ACTECON has a track record for successfully obtaining clearance on mergers, from straightforward filings to the most sophisticated cross-border ones. ACTECON undertakes the communications and information flow with the TCA, with a view to ensure timely clearance. ACTECON considers the dynamics of transactions, fulfils representation requirements and works in harmony with its counterparts. For complex transactions, we design and negotiate remedies. Post-remedies, we support clients with the preparation of reports and monitor compliance. 

ACTECON also represents clients in sector inquiries, thus contributes to the shaping up of the Turkish competition law environment. Competition compliance programmes constitute another workstream. We run mock dawn raids, measure compliance efforts, draft guidelines and train all levels of employees. We are also able to prepare customised interactive online trainings. With this tool, we can systematically measure awareness, spot the points that require improvement and so help the client to improve compliance.

The team has extensive sector-specific knowledge, especially in digital social platforms, e-commerce, retail and supermarkets, FMCG, corporate banking, optics/eyewear, chemicals, media and entertainment, music distribution, rapid grocery delivery, telecommunications, fertilizers, car rental, tyres, container handling and transportation, media auditing, steel, automotive, cement/ready-mix concrete, ro-ro transportation, ground handling services, insurance markets and solar panels.

Values

Our core values are integrity, commitment to provide a value-added service, transparency, and social responsibility. We support fair employment opportunities, work on maintaining a good and inclusive company culture. We also promote practices that contribute to economic and social development.

Social Responsibility & Competition Law

ACTECON has a long-standing commitment to corporate social responsibility, built on a solid foundation of transparency, governance, and ethics, dedicated to creating value for our community.

Throughout years of experience, we have realised how valuable it is to introduce competition principles and ethics to our children in the early stages. So, we teamed up with two talented artists and created the first ever children’s story books on competition law and ethics.

The Secret Agreement talks about anticompetitive agreements in the sense of Article 101 of the Treaty on the Functioning of the European Union (“TFEU”) through the story of a group of animals attending skateboarding contests, whereas The Greatest Artist explores the abuse of dominance as in Article 102 of the TFEU through the story of a group of painters.

With simplified stories, we aim to give children a perspective on the concepts of competition and ethics. We also expect to help grown-ups in gaining a communication channel with children on these topics. Our aim is to reach as many children as we can. To attain this goal, we donate copies of our books to charities, networks, and schools, both in and outside of Turkey, prioritising the areas affected by the earthquake (https://www.actecon.com/en/story-book).

Website:www.actecon.com/

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