Turkiye: Introduction of Regulation of Electronic Commerce (Amendment) Law including electronic commerce license

On 28 June 2022, the amendment to the Regulation of Electronic Commerce Law was submitted to the Presidency of the Grand National Assembly of Turkiye and signed by AK Party deputies. According to the bill, intermediary service providers for e-commerce presenting a net transaction volume of 10 billion Turkish liras and intermediating more than 100,000 transactions in a calendar year (excluding refunds and cancellations) would have to obtain or renew an e-commerce licence. The licence fee would be calculated according to the providers' net transaction volume. Violations of Amendment 4/1 would be fined 20 million Turkish Lira and given a period to rectify the violation. In case of non-compliance, or if the violation is not remedied, access to the website may be blocked by the Ministry.