A New Era In Electronic Commerce

THE RISE of e-commerce in recent years has led to discussions of new legislation surrounding e-commerce platforms, and regulatory policies became different public authorities' main focus in 2022. The Ministry of Trade and the Turkish Competition Authority (the "TCA") focused primarily on eliminating the competitive concerns posed by e-commerce platforms and unfair commercial practices caused by the asymmetric bargaining power between the platforms and the sellers. The first step for regulating the e-commerce sector was the Law Amending the Law on Regulation of Electronic Commerce (the "Law") which was published on July 7, 2022. The Law introduces new regulations into the e-commerce ecosystem and redetermines sector dynamics by stipulating many obligations for e-commerce platforms.