Court partly rules against Marti Technologies (MRT) ride-hailing service
Rhea-AI Filing Summary
Marti Technologies, Inc. reports that the Istanbul 14th Commercial Court of First Instance has partially ruled against its subsidiary’s ride-hailing business, finding that the ride-hailing service constitutes unfair competition under the Turkish Commercial Code. The court rejected requests to block access to the company’s website and mobile apps and found no unfair competition in its e-scooter and e-moped services, so all services, including ride-hailing, continue operating without interruption. Marti plans to appeal this decision to the Istanbul Regional Court of Appeals within the statutory two-week period after it receives the court’s reasoned decision.
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Insights
Turkish court labels Marti’s ride-hailing as unfair competition, but operations continue and an appeal is planned.
The decision by the Istanbul 14th Commercial Court of First Instance that Marti’s ride-hailing service constitutes unfair competition introduces legal and regulatory uncertainty for this business line. However, the court declined to block access to Marti’s platforms and rejected claims against its e-scooter and e-moped services, so current operations remain intact.
The company intends to appeal the ruling to the Istanbul Regional Court of Appeals within two weeks of receiving the reasoned decision, which may extend the timeline before any final outcome. The impact on Marti’s business will depend on the appeal’s result and any potential remedies ordered under the Turkish Commercial Code.