The Turkish Competition Authority (, RK) is the
competition regulator
A competition regulator is the institution that oversees the functioning of markets. It identifies and corrects practices causing market impediments and distortions through competition law (also known as antitrust law). In general it is a governm ...
in
Turkey
Turkey, officially the Republic of Türkiye, is a country mainly located in Anatolia in West Asia, with a relatively small part called East Thrace in Southeast Europe. It borders the Black Sea to the north; Georgia (country), Georgia, Armen ...
. It is a government organization in Republic of Turkey Türkiye
ˆtyɾcijewhich prevents any threats to the competitive process in the markets for goods and services through the use of the powers granted by law. Ensuring the fair
allocation of resources
In economics, resource allocation is the assignment of available resources to various uses. In the context of an entire economy, resources can be allocated by various means, such as markets, or planning.
In project management, resource allocation ...
and increasing
social welfare
Welfare spending is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. Social security may either be synonymous with welfare, or refer specifically to social insurance p ...
by the protection of the competitive process constitutes the basic foundation of the mission of the Competition Authority.
ABOUT US / Turkish Competition Authority
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See also
* International Competition Network What is
The International Competition Network (ICN) provides competition authorities with a specialized yet informal venue for maintaining regular contacts and addressing practical competition concerns. It seeks to facilitate cooperation between ...
References
External links
The Turkish Competition Authority – Official website
(In English)
Government agencies of Turkey
1994 establishments in Turkey
Organizations based in Ankara
Regulatory and supervisory agencies of Turkey
Competition regulators
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