KEY LEGAL DEVELOPMENTS The Competition Authority announced that THY Opet Havacılık Yakıtları AŞ did not violate the Law on the Protection of Competition by increasing the fees for jet fuel storage and supply services at an excessive level. The Decree No. 4458 on the Amendment to the Decree on the Implementation of Certain Articles of...
TECHNOLOGY AND SUSTAINABILITY NEWS Apple, in response to allegations that it uses the open source database “The Pile”, which includes Youtube subtitles, to train its artificial intelligence, stated that it uses The Pile for OpenELM, not Apple Intelligence, and that OpenELM does not have any machine learning features. OpenAI released its smaller and more affordable...
KEY LEGAL DEVELOPMENTS As a result of the investigation, the Competition Authority decided that Google has a dominant position in the general search services market, that it has not abused its dominant position in the market through the search features offered on the general search engine results page, and concluded that there is no need...
TECHNOLOGY AND SUSTAINABILITY NEWS The European Union plans to move data centres, whose energy consumption is continuously increasing in line with carbon zero targets, into the space. The ASCEND project, launched by the European Union for this goal, aims to have the first rocket ready in 2035. The Content Origin Protection and Integrity from Edited...
KEY LEGAL DEVELOPMENTS The Law on the Amendment of the Capital Markets Law, also known as the “Cryptocurrency Law”, entered into force after being published in the Official Gazette dated July 2, 2024 and numbered 32590. According to the amendment, cryptocurrency markets will need to get a license from the CMB. The “Regulation on the...
TECHNOLOGY AND SUSTAINABILITY NEWS The European Commission has launched an investigation into developer payments, stating that Apple’s AppStore operation may not comply with the new EU digital competition rules. BtcTurk, one of the cryptocurrency exchanges, announced that it was exposed to a cyber-attack. Stating that user assets are safe, the company stopped buying-selling transactions...
KEY LEGAL DEVELOPMENTS As part of the Mobile Ecosystems Sector Inquiry, the Competition Board launched an investigation against Apple for abusing its dominant position by requiring app developers to use its own payment system. With the amendment made to the General Communiqué on Tax Procedure Law, financing and savings financing companies operating within the scope...
KEY LEGAL DEVELOPMENTS The Competition Board decided to impose administrative fines on 5 (five) French private education institutions operating in Istanbul, based on their gross revenues for 2023 on the grounds that they determined the school registration fees, the elements constituting the fees and the salaries of Turkish teachers together. The Competition Board, due to...
TECHNOLOGY NEWS AI workers, including OpenAI and Google DeepMind employees, expressed their concerns about the risks posed by technology in an open letter. OpenAI, which came to the fore with resignations as a result of security concerns, will include two board members and Sam Altman on the new security board. Meta has announced that it...
KEY LEGAL DEVELOPMENTS Law No. 7511 Law Amending the Turkish Commercial Code and Certain Laws was published in the Official Gazette dated May 29, 2024, and numbered 32560. The President’s decision on the application of the legal interest rate determined in Article 1 of Law No. 3095 on Statutory Interest and Default Interest as 24%...
