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Reanda International stands in 20th place according to the Accountancy Age Top 20 International Network 2017 survey

Silk Road ChroniclesBy Tayfun Zaman Leave a comment

According to the Accountancy Age Top 20 International Network 2017 survey, Reanda International was ranked 20thamongst the international accounting network. Currently, Reanda International is represented by 30 network firms with more than 120 offices and 3000 professionals, with a global aggregate fee income of USD179 million. In the coming 2018, Reanda International shall keep the…

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Mar282018

With the development of E-commerce, the Turkish Competition Authority (keeping a step with the European Commission) has demonstrated a special interest in evaluating vertical aspects associated with online platforms/distribution channels. One of the most recent examples is the TCA’s investigation into the Most Favoured Nation/Customer clause (“MFN”) of a popular Turkish online platform Bookingdotcom Destek Hizmetleri Limited…

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Şub142018

Warning to Digital Entrepreneurs: Regulated Industries Can Bite…

Anticompetitive Practices, ReandaBlogBy Fevzi Toksoy Leave a comment

The suspension of Booking.com’s services in Turkey has been seen as an attack on individuals’ online freedom and digital entrepreneurship as a whole. Such claims seem to be inaccurate because undertakings, irrespective of their legal form, location and mode of operation (digital/ ‘traditional’), are equally subject to, among others, (i) competition law; (ii) the respective…

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Şub142018

Temporary Access Barrier Imposed on Booking.Com By The Turkish Court On Unfair Competition Grounds

Anticompetitive Practices, ReandaBlogBy Fevzi Toksoy Leave a comment

On 29 March 2017 Istanbul’s 5th Commercial court of First Instance ruled on temporary suspension of Booking.com’s activities in Turkey on the unfair competition grounds. The Turkish court ruled in favor of Turkish Travel Agencies Association (“TURSAB”), and instructed the Information and Communication Technologies Authority (“BTK”) to freeze Booking.com’s reservation processes/search facilities for hotels in Turkey.…

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Şub142018

Turkish Competition Authority’s Fining Natural Persons

Anticompetitive Practices, ReandaBlogBy Fevzi Toksoy Leave a comment

Introduction Personal liability rules for the competition law violations and accordingly, the tracking systems to ensure that the damages caused are covered/compensated by the violating person from his/her own resources, have been under the increasing scrutiny of the competition authorities all around the world and even despite the discrepancies, some of the EU member states…

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