The Regulation Amending Regulation on Fines to Apply in Cases of Agreements, Concerted Practices and Decisions Limiting Competition, and Abuse of Dominant Position entered into force through publication in the Official Gazette dated 15.06.2022 and numbered 31867. With the amendment, the definition and content of the term that is called “annual gross revenue” which is a determinative for the Turkish Competition Board (the “Board”) about the fines that are given by the Board to the undertakings (enterprise) has expanded. The previous regulation identified the “annual gross revenue” as “the net sales in the uniform account plan, or if this cannot be calculated, the revenue closest to the net sales, which is to be determined by the Board”. The new regulation includes not only the definition in the previous regulation, but also the real operating incomes of the undertakings that are accounted under the account items which are not taken account in the calculation of the net sales, such as ordinary incomes or profits from their other activities.

The Law Numbered 7409 Amending the Attorney’s Act and the Turkish Code of Obligations entered into force through publication in the Official Gazette dated 11.06.2022 and numbered 31863. With the provisional article that has been added to the Turkish Code of Obligations dated 11/1/2011 and numbered 6098, increases in annual rent fees in residential lease agreements that are renewed between June 11, 2022 and July 1, 2023 have been limited to 25 %. If the rate of change in the consumer price index of the previous rental year is below twenty-five percent compared to the twelve-month average, the lower rate of change shall be applied as the rent increate rate. Also, with the amendment on the Attorney’s Act, provided that it does not hinder the legal intern’s internship, working as an insured employee in any work will no longer prevent the legal internship. With the exception of judicial and administrative judiciary judges and prosecutors and candidate judges and prosecutors, those who work in staff or positions of public institutions and organizations can also do legal internships during their duties.