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ARTICLE · 16 FEBRUARY 2022

Unfair Price Assessment Board

Gün + Partners
Gün + Partners
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Gün + Partners

Gün + Partners

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During the COVID-19 outbreak, some entities exorbitantly increased the prices of masks, disinfectants, colognes, wet wipes and foodstuff against the standards of professional care...

TurkeyConsumer Protection

During the COVID-19 outbreak, some entities exorbitantly increased the prices of masks, disinfectants, colognes, wet wipes and foodstuff against the standards of professional care in contrast with the normal functioning of the market and in a way that is negatively affecting the usual purchasing behaviour of the consumers.

By taking the exorbitant price increases into account, an additional article titled "Exorbitant price increase, stockpiling and Unfair Price Assessment Board" has been incorporated into Law No.6585 on Regulation of Retail Trade by Article 14 of the Law No.7244 on Reducing the Impacts of the Novel Coronavirus (COVID-19) Pandemic on Economic and Social Life and Amendments to Certain Laws. By this Article, it was ruled that manufacturers, suppliers and retail businesses shall not conduct activities that result in tightness in the market or disruption of the market balance and free competition and activities which might prevent consumers from easily

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