Competition and Antitrust

Contact: Prof. Dr. H. Ercument Erdem; Erdem & Erdem (Turkey)

The Turkish Competition Board ("Board''), authorized, in its decision dated 29.05.2013 and numbered 13-32/426-188[1], the acquisition of 50,10% of the shares of Sırmagrup İçecek Sanayi ve Ticaret A.Ş. ("Sırma'') by Danone SA ("Danone'') since this transaction does not create a dominant position or strengthen an existing dominant position in the relevant market.

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