Do Holders of Dividend Preference Shares Have Voting and Meeting Attendance Rights?

What are dividend-preference shares? Dividend-preference shares are defined in Article 117(1) of the 2020 Law on Enterprises as follows: Dividend-preference shares and the rights of shareholders holding dividend-preference shares 1. Dividend-preference shares are shares that pay dividends at a higher rate than ordinary shares or pay dividends at a stable annual rate. Annual dividends include […]

Can an Enterprise That Limits the Product Market but Benefits Consumers Qualify for an Exemption?

Is an agreement to limit the market for products sold an agreement to limit competition? Agreements considered to be agreements limiting competition are set out in Article 11 of the Competition Law 2018 as follows: Agreements that limit competition 1. Agreements to fix prices of goods and services, directly or indirectly. 2. Agreements to divide […]