The New “Legislation on titled Regulation Renting Houses for Tourism Purposes”, which is known as the “Airbnb Regulation” in the Public, was published in the Official Gazette.

The published in the Official Gazette No. 32413 of 28 December 2023, aims to regulate the procedures and principles for the rental of dwellings for touristic purposes for periods of one hundred days or less. The regulation also covers the dwellings to be rented to local or foreign persons, the applications for authorisation certificates, necessary […]

5 MAIN POINTS TO CONSIDER WHEN SELECTING A TRADE NAME

With this article, we aim to summarize some of the main points to consider when choosing a trade name. Trade name is the name used by tradesmen in matters related to their commercial enterprises. Features regarding trade names are included in the third part of the Turkish Commercial Code titled “Trade Name and Business Name”. […]

What is the “Offense of Obstruction of On-Site Inspection Authorization” as defined in the Law on the Protection of Competition and What are the Criminal Consequences?

The Competition Board, which has various tools to supervise the market in order to create, maintain and sustain a healthy competitive environment, frequently uses on-site inspections. Article 15 of the Law No. 4054 on the Protection of Competition (“Law”) titled “On-Site Inspection” regulates this issue. The Competition Board’s authority to conduct on-site examinations includes the […]

AMENDMENTS TO THE REGULATION ON PRINCIPLES AND RULES TO BE APPLIED IN RETAIL TRADE

With the “Regulation Amending the Regulation on the Principles and Rules to be Applied in Retail Trade” published in the Official Gazette dated 14 December 2023 by the Ministry of Trade, amendments were made to the rules regarding retail trade. The Ministry announced that these amendments were made in order to comply with the modifications […]

Interim Measures of Protection in Arbitration

1. Introduction Although arbitration proceedings are essentially a type of trial that results faster compared to judicial jurisdiction.  However, the application and conclusion in arbitration proceedings again cover a certain period of time. During this period, in the dispute subject to arbitration, the party with the possibility of being found unjust in the judgment can […]

Amendment to the Regulation on Remote Identification Methods to be Used by Banks and Establishment of Contractual Relationship in Electronic Environment

The Regulation on Remote Identification Methods to be Used by Banks and the Establishment of a Contractual Relationship in Electronic Environment (the “Regulation”) was published in the Official Gazette dated 01.04.2021 and numbered 31441. The regulation has been issued in order to regulate the procedures and principles for remote identification methods that can be used […]

RECORD FINE IMPOSED FOR VIOLATING EU DATA PROTECTION REGULATION

As frequently seen in the agenda, sanctions regarding the protection of personal data continue to be widespread both in Turkey and in the European Union. The Irish Data Protection Commission (DPC) has announced a historic decision regarding Meta Platforms Ireland Limited (Meta) and its violation of EU data protection regulations. The inquiry, which began in […]

DETERMINATION OF CONTRACT PRICES IN EXCHANGE OR EXCHANGE INDEX, WITHIN THE IMPLEMENTATION OF DECISION 32 ON THE PROTECTION OF THE VALUE OF THE TURKISH CURRENCY, WITH ALL THE UPDATES AS OF APRIL 2023

In 2018, with the regulation added to Decree No. 32 in accordance with the Presidential Decree, it was generally prohibited for any payment obligation, including negotiable instruments issued due to the contract, to be agreed upon in foreign currency or indexed to foreign currency within the scope of contracts signed among resident individuals in Turkey. […]

WHAT IS “UNFAIR COMPETITION” IN TURKISH LAW AND WHAT ARE THE LEGAL CONSEQUENCES?

In the commercial life, deceptive or dishonest acts and commercial practices that affect the relations between rival merchants or between those who supply goods & services to the market and customers are considered as “unfair competition” in Turkish law and are considered unlawful in accordance with the Turkish Commercial Code (“TCC”). Merchants presenting deceptive information […]