New Block Exemption Communiqué No.2017/3 For The Vertical Agreements In Motor Vehicle Sector

On 24 February 2017, Block Exemption Communiqué No. 2017/3 on Vertical Agreements in Motor Vehicle Sector (“Communiqué No. 2017/3”) entered into force upon its publication in the Official Gazette. On 7 March 2017, Guidelines on Explanation of Communiqué No. 2017/3 was also released on the website of the Turkish Competition Authority. Communiqué No. 2017/3 abolishes…