Good news for the consumers, but extra work for businesses. From the end of May, shops and webshops are no longer able to round up their discounts by inflating their prices for a short period before the sale. From now on, when announcing discounts, they always have to indicate the previous price of the products, which can only be the lowest price within at least 30 days before the price cut.

What kind of coffee do you drink?

At the beginning of the year, several legislative changes came into force that affect both our daily lives and general administration procedures. For example, when purchasing movables or digital goods, the implied warranty period has increased from 6 months to one year. Besides, the concept of residence and place of residence has also changed, and thanks to video-assisted procedures, we will soon no longer have to visit government offices in person. The temporary rules on remote work, though not as of January, will be laid down in legislation in an act upon the termination of the state of emergency.

On May 27, 2022, the Law Proposal Amending the Press Law and Further Laws (“Draft”) has been published on Grand National Assembly of Turkey’s (TBMM) website, which includes significant amendments to various laws. The Draft is currently submitted before the relevant commissions (i.e. Justice Commission and Digital Platforms Commission) for discussions, and it is one of the agenda items of the Digital Platforms Commission’s meeting of June 1, 2022. The Draft is anticipated to be published within the second quarter of 2022. 

Cobalt has successfully represented Eolus Vind subsidiary Pienava Wind before Latvia's Administrative Regional Court in a dispute against the Tukums Municipality for the approval of the construction of a 22-turbine wind farm.

COVID-19 pandemic caused different market distortions that imposed economic entities to various challenges, both in terms of their relations with the clients, i.e., consumers, and their mutual relations.