New Fining Guidelines Published by the Turkish Competition Authority

On February 19, 2025, the Turkish Competition Board published the Guidelines Concerning the Calculation of Fines Rendered by the Turkish Competition Board, providing key clarifications on the calculation of base fine, mitigating factors, aggravating circumstances and the circumstances under which fines may be imposed on managers and employees.

We have prepared a brief analysis summarizing the key takeaways from the guidelines. For further information regarding the key changes, please refer to the document below.