Regulation
In free market economy, idea of “competition” is considered as fundamental principle. Especially in business areas such as energy, telecommunication, transportation depends on free market economy and this causes necessity of the regulation on each business area. In this process, enterprises should be regulated by rules on competition and legislation. These enterprises should continue to work proper to the regulatory and supervisory authorities and regulatory operations.
In this frame, MK Consulting, contribute to the companies via making analysis on unification of companies and acquisition processes, creating a plea for the examination and investigations according to competition regulation. Furthermore, we are giving consulting service on regulatory operations and process execution about natural gas, electricity, fuel, in area of whole renewable energy sector, telecommunication, transportation, pharmacy, agriculture, banking and finance.
In the time of structural transformation process in Turkish economy, without a doubt, one of the most important content strand is liberalization policies as a complementary to the privatization process. In this sense, economic transformation which government considered as natural actor in many business sector, transformed and be transferred to the private sector. Those sectors which considered as natural monopoly, current legal entry handicap putted away while market became open to the competition. In this perspective, as a requirement for free market economy, “competition” phenomenon accepted as fundamental principle for especially energy, telecommunication, and transportation sectors. For these sectors required “adjustments” due to the nature of the free market.
In this frame, addition to the Competition Authority which go into action at 1990’s, in the beginning of the 2000’s Energy Market Regulatory Authority, Information and Communication Technologies Authority, Banking Regulation and Supervision Agency created and via these institutions various regulations be implemented. In that process, main issues are adjusting both rules on competition and regulation and operating in the frame of regulatory authorities and regulatory process. In this framework, MK Consulting, contribute to the companies via making analysis on unification of companies and acquisition processes, creating a plea for the examination and investigations according to competition regulation. Furthermore, we are giving consulting service on regulatory operations and process execution about natural gas, electricity, fuel, in area of whole renewable energy sector, telecommunication, transportation, pharmacy, agriculture, banking and finance.