Recent Development Effective 1 January 2018, higher fines will be imposed for certain violations of Law No. 6502 on Protection of Consumers (the “Consumer Protection Law“). Fines will increase by 14.47% compared to 2017. In particular, companies that are found to have:
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Conclusion Companies should take note of these changes in fines and their effects on their operations in Turkey, and take steps to ensure compliance with the Consumer Protection Law. |