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ARTICLE · 25 FEBRUARY 2009

A Groundbreaking Change In Fine-Setting System Under Turkish Competition Law

Güner Law Office
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On 15 February 2009, the Turkish Competition Authority (TCA) published a "Fine Regulation" and "Leniency Regulation" which follow various amendments in 2008 to the fining provisions of the Turkish Competition Act.

TurkeyAntitrust/Competition Law
Guner Law Office
Guner Law Office

On 15 February 2009, the Turkish Competition Authority (TCA) published a "Fine Regulation"1 and "Leniency Regulation"2 which follow various amendments in 20083 to the fining provisions of the Turkish Competition Act. Together, this legislation makes welcomed and important clarifications to the fine-setting system which applies to Turkish competition law violations.

This Article summarises the nature and characteristics of this new system and shows how it goes some way towards dealing with criticisms of the old system.

Compliance with EU legislation?

The new Regulations introduce "sentencing guidelines" and a "leniency program" to the Turkish competition law enforcement system. This ensures further compliance with the recommendations of the Organisation for Economic Co-operation and Development (OECD) and the relevant legislations of United States of America and European Union (EU), who require an effective fining system for competition violations, especially

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