Regulation on Fines, an Illusion or a True Harmonization with
the EU Law?
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Prof. Dr. H. Ercument Erdem
Regulation on Fines to Apply in Cases of Agreements, Concerted
Practices and Decisions Limiting Competition, and Abuse of
Dominant Position (“Regulation on Fines” or “Regulation”) has into
force through publication in the Official Gazette dated 15.02.2009 and
numbered 27142. The Regulation on Fines was prepared based on arti-
cles 16 and 27 of the Act on the Protection of Competition numbered
4054 (the “Competition Act). Article 16 of the Competition Act regu-
lates financial fines to undertakings or members of undertakings who
engage in anti-competitive activities, which are banned under compe-
tition law. Article 27 of the Competition Acts stipulates that, the
Competition Board (“Board”) is the authorized body to impose such
administrative monetary fine.
Impact of the European Union on the Regulation
Turkey is a candidate state to the European Union (“EU”). In order
for Turkey to obtain EU membership status in the future, it shall adapt
its legislation to the EU acquis. The Regulation on Fines has been pre-
pared within the scope of such accession negotiations. Therefore, the
Guideline of the European Commission in 2006 published in the EU
Official Gazette dated 01.09.2006 and numbered C 210/2
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(“2006
Guideline” or “Guideline”) was benefited from for the preparation of
the Regulation on Fines.
The 2006 Guideline is the second Guideline pertaining to the
financial fines imposed on undertakings in EU. The first Guideline
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Article of May 2012
1
Please see the following link to access the 2006 Guideline
http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:C:2006:210:0002:0005:EN:PDF(accessed on: 30.05.2012).