The Turkish Competition Authority Cleared the Merger Transaction Between FCA and PSA, But Subject to Conditions…
Recently, the Turkish Competition Authority (“TCA”) has published its reasoned decision in which it conditionally cleared the merger transaction[1], planned through the incorporation of Fiat Chrysler Automobiles N.V. (“FCA”) and Peugeot S.A. (“PSA”) into FCA. In this regard, especially two points have aroused curiosity: (i) what would be the competitive concerns that may arise after…