The Regulation on Fines to Apply in Cases of Agreements,
Concerted Practices, and Decisions Limiting Competition, and Abuse
of Dominant Position (“New Regulation on
Fines”) was published in the Official Gazette dated
27.12.2024 and numbered 32765, and has entered into force. Pursuant
to Article 9 of the New Regulation on Fines, the previous
Regulation on Administrative Fines to Apply in Cases of Agreements,
Concerted Practices, and Decisions Limiting Competition and Abuse
of Dominant Position, published in the Official Gazette dated
05.02.2009 and numbered 27142 (“Former Regulation on
Fines”), has been repealed.
As highlighted in the announcement by the Competition Board
(“Board”) dated 27.12.2024,
developments in various markets, particularly digital markets,
along with the Board's evolving policies and precedents,
necessitated the establishment of a new regulatory framework to
ensure that fines imposed for competition violations are determined
fairly.1
