Amendments To Retail Trade Regulation

Recent Development

Law No. 7435 on the Amendment of the Law on the Union of Chambers and Commodity Exchanges of Türkiye and the Chambers and Commodity Exchanges and Certain Laws and the Decree Law No. 640 ("Law No. 7435"), published in the Official Gazette dated 1 February 2023 and numbered 32091, introduced significant amendments to Law No. 6585 on the Regulation of Retail Trade ("Law"). Law No. 7435 is available here (in Turkish).

What does the Law No. 7435 introduce?

The main amendments introduced by Law No. 7435 are as follows:

A. Developments on unfair commercial practices

"Unfair commercial practices" is defined as activities that significantly disrupt the commercial activities or reduce the ability to make reasonable decisions or cause one of the parties to be a party to a commercial relationship that it would not normally be a party to, in commercial relations between producers, suppliers and retail enterprises. It is regulated that unfair