Conditional Approval from the Competition Authority to Borusan Tedarik

The Competition Authority has granted a conditional approval for the acquisition of Borusan Supply Chain Solutions and Technology Inc. by CEVA Corporate Services, controlled by CMA CGM S.A. This significant development draws attention as a harbinger of a major transformation occurring in the logistics and supply chain sector.

The Competition Authority meticulously evaluated the potential effects of the acquisition on competition. The preliminary review conducted revealed that such mergers could seriously affect competitive conditions in the markets. Specifically, it has been emphasized that this situation could lead to a significant reduction in effective competition in some markets.

The commitments overseen by the Authority are of critical importance for maintaining competitive conditions. These commitments are regarded as significant steps taken to ensure the sustainability of existing competition in the market. The transfer of Borusan Supply to CEVA is subject to a detailed examination process along with its impacts on the sector.

The logistics sector has shown significant growth parallel to the digital transformation experienced in recent years and developments in international trade. The merger of large companies like Borusan Supply and CEVA seems poised to further intensify competition in this field. However, the existing market conditions and competitive requirements are among the key factors that will determine the impacts of this merger.

In conclusion, the conditional authorization granted by the Competition Authority represents an important turning point not only for Borusan Supply and CEVA but also for the supply chain and logistics sector. In the future, it will be eagerly observed how such mergers will shape competitive conditions.