Exemption examination concerning the World Credit Card Program Cooperation Agreements concluded

News Competition Law & Policy Updates

Date: 23rd May, 2025 Source: Turkish Competition Authority Country: Turkey Original Source

Brief

"On 09.05.2025, the Turkish Competition Authority issued Decision No. 25-18/421-197, regarding an exemption examination concerning the World Credit Card Program Cooperation Agreements concluded between banks. The authority found that some provisions restricted competition more than necessary and imposed conditions for individual exemption, requiring changes to be made within a 9-month period."

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Turkish Competition Authority

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Exemption examination concerning the World Credit Card Program Cooperation Agreements concluded

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Exemption examination concerning the World Credit Card Program Cooperation Agreements concluded

Brief

Turkish Competition Authority

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