A PYMNTS Company

Turkey Passes Competition Law Focusing on Data

By  |  June 17, 2020

Turkey’s parliament on Tuesday, June 16, passed a law that includes giving wider powers to the Competition Authority, a change criticised by opposition parties for not providing measures to protect personal data and trade secrets, reported Reuters. 

According to a section of the law on adjustments to the competition law, the Competition Authority is allowed to obtain copies or physical examples of books, data, and documents from institutions during an inspection. 

Members of parliament opposed to the change said more guarantees were needed regarding both personal data and trade secrets while giving such “extensive authority” to the Competition Authority.

Full Content: Reuters

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.