The Turkish Competition Board concluded a final examination regarding acquisition of the shares of Ulusoy Deniz Taşımacılığı A.Ş, Ulusoy Gemi İşletmeleri A.Ş., Ulusoy Ro-Ro İşletmeleri A.Ş., Ulusoy Ro-Ro Yatırımları A.Ş., Ulusoy Gemi Acenteliği A.Ş., Ulusoy Lojistik Taşımacılık ve Konteyner Hizmetleri A.Ş. and Ulusoy Çeşme Liman İşletmesi A.Ş. by UN Ro-Ro İşletmeleri A.Ş.. As a result of the final examination, the Competition Board decided that the transaction
- Was subject to authorization of the Competition Board,
- Would not lead to creation or strengthening of a dominant position in the market for services regarding shipping agency
- Would strengthen the dominant position of UN Ro Ro İşletmeleri A.Ş. in the market for ro ro transport between Turkey and Europe (including the lines departing from İstanbul, İzmir and Mersin) and lessen competition significantly
- Would lead to dominance of UN Ro Ro İşletmeleri A.Ş. in the market for port management towards ro ro ships and lessen competition significantly.
The press release dated 10.11.2017 about the decision of the Turkish Competition Board dated 09.11.2017 and numbered 17-36/595-259 is available via http://www.rekabet.gov.tr/tr/Guncel/ulusoy-deniz-tasimaciligi-a-s-ulusoy-gem-53a660191bc6e71180dc0050568d4f05