Türkiye Legal Update - October 2024

Comprehensive legal regulations on cryptocurrencies entered into force on July 2, 2024. Subsequently, the implementation started to take shape with the principle decisions taken by the Capital Markets Board. It is important to examine the regulations implemented so far and to follow the regulations to be made in the future.

Advertisements claiming superiority must be substantiated. Advertisers are expected to provide objective evidence. The Advertisement Board evaluates consumer perceptions when it comes to No.1 claims.

The Draft Guidelines on Competition Violations in Labor Markets once again highlight the importance of avoiding anti-competitive behaviors in labor markets and ensuring that all human resources processes are conducted in compliance with competition law.

The Court of Cassation's recent rulings on composite trademarks highlight the criteria that should be considered during the similarity examination of trademarks, particularly in terms of their conceptual elements and formation process.

The article discusses the Turkish Medicines and Medical Devices Agency's Guidelines for the calendarization process in market authorization applications, emphasizing transparency, innovation, and efficient management for timely access to medicines.