Turkiye: Announcement of Regulation of Electronic Commerce (Amendment) Law including competition regulation

On 12 March 2022, Turkish President Erdoğan announced the new Economic Reform Package, which includes an amendment to the Regulation of Electronic Commerce Law. The Bill aims to address uncompetitive practices in the electronic commerce market. The Bill specifies that providers of e-commerce intermediary services with a net transaction volume of more than TRY 10 billion would have to refrain from engaging in unfair competition practices with their sellers through the use of data obtained from its e-commerce platform. Furthermore, the law prevents e-commerce companies with an annual net transaction volume exceeding TRY 60 billion from entering industries such as payments, transportation and delivery unless such services are provided as part of an e-commerce intermediary service.