According to Article 20 of the "Law on the Protection of Competition" No. 4054, the Turkish Competition Authority, It is responsible for ensuring the formation and development of goods and services markets in a free and healthy competitive environment. The Competition Authority is an independent administrative institution with public legal personality and executive decision-making authority. In terms of the constitutional system, the Competition Authority, which is structurally within the administration, is equipped with a wide range of regulations, supervision and, where necessary, sanctions in order to fulfill the task of ensuring and protecting the competition order.
Information exchange refers to the fact that more than one undertaking operating in the same market shares all kinds of business data, either explicitly or implicitly, "unilaterally" or "mutually". Information exchanges between competitors can create coordination between competing undertakings, limit competition or facilitate the follow-up of a cartel agreement being implemented by the undertakings by having information about the sales price, production amount, stock status and customers of their competitors. On the other hand, information exchanges can allow efficiency gains by eliminating the information asymmetry between the parties and allowing enterprises to compare themselves with their competitors and reducing the research costs of enterprises and consumers.
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