Corporate mergers in Turkish and Usa law

Corporation Mergers and Acquisitions are the preferred applications all around the world and in USA, because of the economic concerns of the companies like dampening the competition, extension of the circle of customers, redouble market shares and market powers, risk improvement and to make tax advantages. In Turkish law, corporation mergers and acquisitions are put in order in Code of Obligations, Turkish Commercial Code and Law on the Protection of Competition. The clauses in Code of Obligations are general clauses and they are created for the corporation mergers and acquisitions which are not in the practice area of Turkish Commercial Code. The main legal arrangement about mergers and acquisitions and their practice area in competition law is Law No. 4054 on the Protection of Competition. Because of the competition law in our country is so new, the case law is not enough to show the way to the enforcement. Antitrust laws and their principles are the basic of USA economic system. Because of this, mergers and acquisitions in USA law are put in order in Code of Securities, Antitrust laws, Guidelines of Department of Justice and state foundations laws, differently from Turkish law. Spaces in practice are filled by the case laws. In my thesis, corporation mergers and acquisitions in Turkish law, short comments of basic concepts, terms of mergers, procedure and results of mergers are explained in the first section. In the second section corporation mergers and acquisitions in USA are taken in hand with the help of Competition law.