“The Regulation on the Amendments to the Regulation on the Price Labels” (the “Amending Regulation”) has been published in the Official Gazette dated 18 September 2018 and numbered 30539. The Amending Regulation shall enter into force on 3 October 2018, fifteen (15) days upon its publish date.
Pursuant to the Amending Regulation, it is stipulated that the labels and price lists on the retail products and their packages must contain:
- Starting date of the implementation of sale and unit prices of the product.
- Figure, logo, and signs which are determined and declared by the Ministry of Commerce for the products manufactured in Turkey.
According to the Amending Regulation, the numbers and letters on the tariffs and price lists are required to be legible, proper, complete, veridical, and in sufficient size. The numbers and letters shall not cause any confusion nor contain any misleading information.
It is stipulated that the tariffs and price lists shall be placed in a way that could be seen and read easily by the consumer. In addition, it is indicated that the places of tariffs and price lists shall show clearly the products which they belong to.
By Duygu Bozkurt, Associate, Asu Motur, Trainee Lawyer, Sevgi Kılıc, Trainee Lawyer Moral & Partners