Unfair Competition
"What constitutes unfair competition under Turkish law?"
Quick Answer
Turkish Commercial Code prohibits misleading practices, disparagement, exploitation of reputation, and trade secret misappropriation. Competitors and consumers can seek remedies.
Commercial Law Framework
Unfair Competition is governed by the Turkish Commercial Code No. 6102, which provides comprehensive rules for commercial activities. This modern legislation aligns with international commercial practices.
Key Points to Remember
- The Turkish Commercial Code sets rules for commercial matters, including unfair competition between market participants
- Unfair competition covers misleading acts, disparagement, exploitation of reputation, and unlawful use or disclosure of trade secrets
- Acts are assessed against the standard of honest commercial practices and the duty of good faith
- Unfair competition rules are separate from antitrust law, and claims may arise even without a competition law violation
Business Implementation
Understanding Turkish commercial law requirements is essential for any business operating in Turkey. This includes proper corporate governance, contractual relationships, and regulatory compliance.
Foreign companies should work with local counsel familiar with both Turkish commercial practices and international business standards.
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