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ARTICLE · 16 JANUARY 2025

Two-Minute Recap Of Turkish Competition Law Developments

Gen Temizer Erdogan Girgin Attorney Partnership
Gen Temizer Erdogan Girgin Attorney Partnership
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Secondly, a staggered increase in fine based on duration of the breaching activity replaces the old system (which increased fines by 50% and 100%

TurkeyAntitrust/Competition Law
Bulut Girgin
Bulut Girgin
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A New Era for Regulatory Fine

The Turkish Competition Authority (TCA) announced completion of a landmark amendment to its regulation of fines on 27 December, 2024.

Firstly, the new regulation has abolished definitions of "cartel violations" and "other violations" which determined the base fine rate (2-4% and 0.5-3% respectively). A base fine rate no longer applies granting the TCA a wide margin of discretion.

Secondly, a staggered increase in fine based on duration of the breaching activity replaces the old system (which increased fines by 50% and 100%, respectively, for breaches lasting 1-5 years and more than 5 years). Fines will now increase by 20% for each year of the relevant infringing activity (by 20% for 1-2 years; 40% for 2-3 years etc).

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