The "Regulation on Administrative Fines for Anti-Competitive Agreements, Concerted Practices, and Decisions, and Abuse of Dominant Position" (“Regulation”), published in the Official Gazette No. 32765 dated 27 December 2024, establishes the procedures and principles for determining administrative fines to be imposed under Article 16 of the Law No. 4054 on the Protection of Competition (“Law”) replacing the "Regulation on Fines to Be Imposed in Cases of Anti-Competitive Agreements