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Bank mergers, even though banks are established as corporations, will be accomplished not according to Turkish Commercial Code but by complying to some special arrangements done by Banking Regulation and Supervision Agency. Bank mergers are also subject to the control by the application of provisions on the Protection of Competition in order to determine if the order of competition is violated. However, as provided by Banking Law No. 5411, number of specific conditions should exist in the application of such control mechanism to banks. According to Banking Law, in a case which a bank merger is identified as subject to Banking Regulation and Supervision Agency, than such a merger is to be controlled by the provisions on the Protection of Competition, and the decision will only be made by the Competition Board with regard to if a violation has occurred or not with such merger. In our study: bank mergers are evaluated in terms of Banking Law and Competition Law; extent of the control mechanism which a merger is subject to and its stages are explained particularly within the context of Competition Law
Field : Eğitim Bilimleri; Güzel Sanatlar; İlahiyat; Sosyal, Beşeri ve İdari Bilimler
Journal Type : Uluslararası
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