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Turkey Increases Fines for Consumer Law Violations in 2017

Turkey Increases Fines for Consumer Law Violations in 2017

Turkey
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Effective 1 January 2017, higher fines will be imposed for certain violations of Law No. 6502 on Protection of Consumers (the "Consumer Protection Law"). Fines will increase by 3.83 percent compared to 2016.

In particular, companies that are found to have:

Used unfair terms unlawfully or failed to use 12-point bold type with clear language in consumer agreements, failed to provide a guarantee certificate, or failed to provide explicit and legible safety information to consumers for goods deemed potentially harmful to consumers or the environment will be subject to a fine in the amount of TRY 240 (approximately USD 70) per violation;

Failed to comply with the obligations on consumer loan and housing finance agreements and agreements concluded outside the workplace (such as direct sales agreements) will be subject to a fine in the amount of TRY 1,206 (approximately USD 340) per agreement or transaction;

Made deceptive or misleading representation through mass media advertising will be subject to a fine in the amount of TRY 6,034 to 241,413 (approximately  USD 1,700 to 70,000) per violation.

Actions to consider

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.

By Hakkı Can Yıldız, Senior Associate, and Can Sözer, Senior AssociateBaker McKenzie

Turkey Knowledge Partner

Founded in 1990, TURUNÇ is a leading, full-service Turkish law firm providing cutting-edge legal advice and representation to a global clientele. We provide the highest quality of legal service in each of our practice areas and we take pride in the work we do. Since our founding, we have always maintained a friendly, open and inclusive firm culture in which individuality and independent thinking are highly prized. Our lawyers work in collaborative, collegial teams across our practice areas.

All News about, and Legal Analysis by, TURUNÇ can be found here.

Firm's website: www.turunc.av.tr