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Assessing the Regulatory Impact of the Turkish Competition Authority on Market Dynamics: A Statistical Approach Using Kernel Estimation and its Simulation

Year 2024, Volume: 11 Issue: 2, 837 - 853, 30.06.2024
https://doi.org/10.30798/makuiibf.1436807

Abstract

Established in Turkey in 1994, the Competition Authority plays a key role in safeguarding and promoting competition in markets. Its main tasks include monitoring agreements, detecting collusive practices and preventing the formation of cartels, as well as conducting inspections to thwart monopolistic tendencies. It also ensures healthy competition by monitoring mergers and acquisitions. The Authority's decisions have a profound impact on the market for goods and services, promoting better opportunities for consumers. Its effective and independent functioning is essential for Turkey's sustainable economic growth and the functioning of the competitive market mechanism. Through statistical evaluations, this study aims to assess the impact of the authority in preventing imperfect competition in Turkey's goods and services markets. The analysis of the Competition Law and related legislation sheds light on the Authority's role and regulatory tools, while statistical trends reveal its proactive stance in regulating competition infringements and maintaining a fair market environment.

Ethical Statement

As the authors of this study, we declare that we do not have any ethics committee approval and/or informed consent statement.

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References

  • Cardoso, D. S., Pitelli, M. M., & Figueiredo, A. M. (2021). An Econometric Analysis of the Brazilian Merger Policy. Review of Industrial Organization, 59, 103-132. https://doi.org/10.1007/s11151-021-09812-3
  • Cunha, M., & Vasconcelos, H. (2018). Sequential mergers and antitrust authority’s decisions in Stackelberg markets. Journal of Industry, Competition and Trade, 18, 373-394. https://doi.org/10.1007/s10842-017-0268-x
  • Karagök, Y., & Rutz, S. (2014). Towards optimal merger notification regimes: evidence from Switzerland. Journal of Antitrust Enforcement, 2(2), 451-483. https://doi.org/10.1093/jaenfo/jnu006
  • Mainenti, M. (2019). Delegation in EU merger control: The determinants of referrals to national competition authorities (2004–2012). Public Policy and Administration, 34(3), 329-348. https://doi.org/10.1177/0952076717753278
  • Massey, P. (2010). Taking Politics out of Mergers: A Review of Irish Experience. Journal of Competition Law and Economics, 6(4), 853-878. https://doi.org/10.1093/joclec/nhq010
  • Massey, P. (2011). A Tale of Two Mergers: Irish Merger Policy after the Heineken and Kerry Decisions. World Competition, 34(1). https://doi.org/10.54648/woco2011006
  • Alain, V. (2024). https://alain-vandormael.netlify.app/post/ksmooth/
  • Hastie, T., Tibshirani, R., Friedman, J. H., & Friedman, J. H. (2009). The elements of statistical learning: data mining, inference, and prediction (Vol. 2, pp. 1-758). New York: springer.
  • Casella, G., & Berger, R. L. (2021). Statistical inference. Cengage Learning. Nilssen, T. On the consistency of merger policy. The Journal of Industrial Economics, 1997, 45(1), 89-100. https://doi.org/10.1111/1467-6451.00036
  • Noce, M. L., Bolasco, S., Allegra, E., Ruocco, V., & Capo, F. M. (2006). Merger control in Italy 1995–2003: A statistical study of the enforcement practice by mining the text of Authority resolutions. International Journal of the Economics of Business, 13(2), 307-334. https://doi.org/10.1080/13571510600784862
  • Rahman, N. A., Khan, M. A., Azmi, I. M. A. G., & Zakaria, M. R. A. (2020). E-Hailing Services: Antitrust Implications of Uber and Grab's Merger in Southeast Asia. IIUMLJ, 28, 373.
  • Redkina, A., Molodchik, M., & Jardon, C. (2021). Russian merger control: in favor of foreign companies?. International Journal of Emerging Markets, (ahead-of-print). https://doi.org/10.1108/IJOEM-01-2021-0109 Saggers, G. (2008). Vertical mergers-the European guidelines on non-horizontal mergers and their relevance for South Africa. South African Journal of Economic and Management Sciences, 11(3), 249-263. https://hdl.handle.net/10520/EJC31256
  • Sushkevitch, A. (2012). Ex Post Assessment of Mergers and Remedies as a Part of the Administrative Procedure of Competition Authority. Economic Policy, 159-171.
  • Van der Burg, M., & Van den Bulck, H. (2015). Economic, political and socio-cultural welfare in media merger control: An analysis of the Belgian and Dutch competition authorities’ reviews of media mergers. Information Economics and Policy, 32, 2-15. https://doi.org/10.1016/j.infoecopol.2015.07.002
  • Vila, R., Serra, V., Çankaya, M. N., & Quintino, F. (2023). A general class of trimodal distributions: properties and inference. Journal of Applied Statistics, 1-24. https://doi.org/10.1080/02664763.2023.2207785
  • Özen, E., & Çankaya, M. N. (2023). Estimation of the Turkish stock investor numbers based on kernel method. In Competitivitatea şi inovarea în economia cunoaşterii, 445-454.
Year 2024, Volume: 11 Issue: 2, 837 - 853, 30.06.2024
https://doi.org/10.30798/makuiibf.1436807

Abstract

Project Number

-

References

  • Cardoso, D. S., Pitelli, M. M., & Figueiredo, A. M. (2021). An Econometric Analysis of the Brazilian Merger Policy. Review of Industrial Organization, 59, 103-132. https://doi.org/10.1007/s11151-021-09812-3
  • Cunha, M., & Vasconcelos, H. (2018). Sequential mergers and antitrust authority’s decisions in Stackelberg markets. Journal of Industry, Competition and Trade, 18, 373-394. https://doi.org/10.1007/s10842-017-0268-x
  • Karagök, Y., & Rutz, S. (2014). Towards optimal merger notification regimes: evidence from Switzerland. Journal of Antitrust Enforcement, 2(2), 451-483. https://doi.org/10.1093/jaenfo/jnu006
  • Mainenti, M. (2019). Delegation in EU merger control: The determinants of referrals to national competition authorities (2004–2012). Public Policy and Administration, 34(3), 329-348. https://doi.org/10.1177/0952076717753278
  • Massey, P. (2010). Taking Politics out of Mergers: A Review of Irish Experience. Journal of Competition Law and Economics, 6(4), 853-878. https://doi.org/10.1093/joclec/nhq010
  • Massey, P. (2011). A Tale of Two Mergers: Irish Merger Policy after the Heineken and Kerry Decisions. World Competition, 34(1). https://doi.org/10.54648/woco2011006
  • Alain, V. (2024). https://alain-vandormael.netlify.app/post/ksmooth/
  • Hastie, T., Tibshirani, R., Friedman, J. H., & Friedman, J. H. (2009). The elements of statistical learning: data mining, inference, and prediction (Vol. 2, pp. 1-758). New York: springer.
  • Casella, G., & Berger, R. L. (2021). Statistical inference. Cengage Learning. Nilssen, T. On the consistency of merger policy. The Journal of Industrial Economics, 1997, 45(1), 89-100. https://doi.org/10.1111/1467-6451.00036
  • Noce, M. L., Bolasco, S., Allegra, E., Ruocco, V., & Capo, F. M. (2006). Merger control in Italy 1995–2003: A statistical study of the enforcement practice by mining the text of Authority resolutions. International Journal of the Economics of Business, 13(2), 307-334. https://doi.org/10.1080/13571510600784862
  • Rahman, N. A., Khan, M. A., Azmi, I. M. A. G., & Zakaria, M. R. A. (2020). E-Hailing Services: Antitrust Implications of Uber and Grab's Merger in Southeast Asia. IIUMLJ, 28, 373.
  • Redkina, A., Molodchik, M., & Jardon, C. (2021). Russian merger control: in favor of foreign companies?. International Journal of Emerging Markets, (ahead-of-print). https://doi.org/10.1108/IJOEM-01-2021-0109 Saggers, G. (2008). Vertical mergers-the European guidelines on non-horizontal mergers and their relevance for South Africa. South African Journal of Economic and Management Sciences, 11(3), 249-263. https://hdl.handle.net/10520/EJC31256
  • Sushkevitch, A. (2012). Ex Post Assessment of Mergers and Remedies as a Part of the Administrative Procedure of Competition Authority. Economic Policy, 159-171.
  • Van der Burg, M., & Van den Bulck, H. (2015). Economic, political and socio-cultural welfare in media merger control: An analysis of the Belgian and Dutch competition authorities’ reviews of media mergers. Information Economics and Policy, 32, 2-15. https://doi.org/10.1016/j.infoecopol.2015.07.002
  • Vila, R., Serra, V., Çankaya, M. N., & Quintino, F. (2023). A general class of trimodal distributions: properties and inference. Journal of Applied Statistics, 1-24. https://doi.org/10.1080/02664763.2023.2207785
  • Özen, E., & Çankaya, M. N. (2023). Estimation of the Turkish stock investor numbers based on kernel method. In Competitivitatea şi inovarea în economia cunoaşterii, 445-454.
There are 16 citations in total.

Details

Primary Language English
Subjects Public Economy
Journal Section Research Articles
Authors

Murat Aydın 0000-0002-7211-5208

Mehmet Niyazi Çankaya 0000-0002-2933-857X

Project Number -
Publication Date June 30, 2024
Submission Date February 14, 2024
Acceptance Date May 15, 2024
Published in Issue Year 2024 Volume: 11 Issue: 2

Cite

APA Aydın, M., & Çankaya, M. N. (2024). Assessing the Regulatory Impact of the Turkish Competition Authority on Market Dynamics: A Statistical Approach Using Kernel Estimation and its Simulation. Journal of Mehmet Akif Ersoy University Economics and Administrative Sciences Faculty, 11(2), 837-853. https://doi.org/10.30798/makuiibf.1436807