Guideline on Advertisements and Commercial Practices with Price Information and Discounted Sales Published

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Recent Development

On 15 April 2022, the Advertising Board of the Ministry of Trade published the Guideline on the Advertisements and Commercial Practices with Price Information and Discounted Sales (“ Guideline “) pursuant to the Consumer Protection Law and the Regulation on Commercial Advertisements and Unfair Commercial Practices. The Guideline aims to inform all advertising industry stakeholders, including advertisers, advertising agencies and platforms as well as sellers, service providers, and intermediary service providers regarding the advertising of price information and discounted sales.

The Guideline is available online here (in Turkish).

What’s New?

The main regulations under the Guideline are as follows:

Main principles

Advertisements with price information

Discounted sale advertisements

Advertisers or intermediary service providers who advertise goods and/or services are responsible for price displays, discounted sales announcements, stock notifications and commercial applications in any medium. Accordingly, intermediary service providers should inform vendors and providers about the provisions set forth under the Guideline.

Advertisers, advertising agencies and platforms are individually obliged to comply with the Guideline.

Conclusion

The Guideline sheds light on commercial and trade regulations and provides examples regarding advertising activities that include sales price and discount information. Advertisers, advertising agencies, platforms and intermediary service providers, as well as the other stakeholders in the sales and advertising sector, should review the provisions of the Guideline and comply with the relevant legislation.