Both anti-corruption law and anti-trust law aim to create a level playing field and they are complementary to each other in support of this aim. Given the indispensable nature of both fields in terms of reaching social welfare, it is striking how differently society reacts to the breaching...

The final destination and the ultimate goal that we put forth in our article is that the Turkish Competition Board should include innovation considerations in its merger control analyses by employing dynamic tools. Accordingly, we contend that the Turkish Competition Board should “set its...

On 27 and 28 June 2014, almost exactly one year after having enacted a brand new regime governing electronic money, the Turkish legislator has issued the secondary legislation completing this new legal regime and published it in the Official Gazette. The secondary legislation mainly includes the...

This paper aims to provide a comparative overview and evaluation of various legal frameworks for electronic money and online payment matters by mainly evaluating and comparing U.S., EU and Turkish Law, occasionally making a comparative analysis in terms of conformity as to how EU countries...

This contribution discusses the legal framework of online advertising and common legal issues pertaining thereto. This paper also addresses the implementation of general legal provisions to online advertising issues in different jurisdictions and the diversity of approaches. It provides the...

Blockchain technology is claimed to be and perceived as one of the revolutionary technologies that will have an enormous impact on our lives in the forthcoming years and decades. The legal questions surrounding blockchain appear to be among the most controversial issues surrounding this novel...

Innovation can either be viewed by the competition authorities as a parameter that should be protected from the potential negative effects of a transaction, or it can be utilized by the merging parties as part of a defense argument to set off against or abate the anticompetitive concerns raised...

Corruption is a threat to the individual, the company executive, the company's reputation and its shareholders and to international trade and commerce generally. The publication of the Foreign Corrupt Practices Act Guidelines has once ignited the debate surrounding proper or improper conduct of...

Nowadays one of the more commonly used types of advertisement is through the use of influencers by brands on social media. There is no doubt about social media's – and therefore the influencers' – potential to reach a wide range of global consumers. Accordingly, such reach makes this global,...

The conception of “economies of scale” in the conventional production era led to the proliferation of natural monopolies, as if demand for certain needs and products could only be sufficiently met by colossal entities. The most efficient method for achieving higher production capacities,...