Turning The Page: The New Framework To Competition Law Fines

The Regulation on Fines to Apply in Cases of Agreements, Concerted Practices, and Decisions Limiting Competition, and Abuse of Dominant Position ("Former Regulation"), which had been implemented by the Competition Board since 2009 to set administrative fines to impose on competition infringements, was repealed. The Regulation, which was published in the Official Gazette dated 27 December 2024 and no 32765 entered into force ("New Regulation"). The New Regulation addresses key elements such as definitions—most notably the newly introduced concept of "Decisive Influence"—and fine calculation principles of administrative fines, including the elimination of separate ranges for cartel and other violations.