Türkiye Legal Update - December 2024

According to the new rule, the party failing to attend the first session of mandatory mediation will be liable for half of the litigation costs, and awarded half of the attorney fee.

Social media advertising has significant impact in Turkey, making it essential for social media influencers to act responsibly by adhering to legal, ethical, and transparent marketing practices to promote accountable digital communication.

Türkiye is advancing its corporate sustainability practices, obliging companies to report environmental and social factors from 2024 onwards, aligning with the EU’s Corporate Sustainability Reporting Directive regarding transparency and accountability.

Policies are set to transform Türkiye’s pharmaceutical and medical device sectors, focusing on increasing domestic production, reducing import dependency, and improving healthcare quality through digitalization, innovation, and effective financing models.

Right holders and practitioners await a potential regulation granting TURKPATENT authority over the well-known trademark registry, highlighting the need for a clear and definitive resolution to this ongoing issue.