Attention those buying cars and phones! Adjustment of 'price' for the number of installments.

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The Ministry of Trade made a statement regarding the internal trade regulations that will be implemented in 2025, which were issued in 2024. Accordingly, many regulations issued last year, ranging from unfair price assessments to retail trade, from automotive to the real estate sector, will also be applied this year.

MOBILE PHONES AND NUMBER OF INSTALLMENTS FOR VEHICLES

Regulations have been made to allow 3-month installments for mobile phones priced over 25 thousand lira and for new products in the category of mobile phones priced over 20 thousand lira. The lower threshold for the final invoice value of installment intervals in vehicle sales has been raised to 400 thousand lira, and the upper threshold to 2 million lira.

WHEN WILL 6+6 IN THE AUTOMOTIVE SECTOR END?

With the Regulation on the Trade of Motor Vehicles, the trade of unregistered motor vehicles has been included, and rules and obligations have been imposed on distributors, those importing vehicles outside of distributors, and authorized dealers. Minimum rules to be followed by auction platforms regarding the pre-auction, process, and finalization have been established to ensure that electronic auctions are conducted securely and transparently. Among the necessary conditions for obtaining an authorization certificate, the requirement for a workplace opening and operating license has been removed, allowing those applying for authorization certificates until March 1 to be exempt from the high school graduation requirement. The application period for the "6-month-6-thousand-kilometer marketing and sales restriction" and advertising restriction in the automotive sector has been extended to July 1.

PENALTY FOR EXCESSIVE PRICE INCREASE HAS INCREASED

To increase the deterrence of penalties for unfair competition, the upper limit of the penalty for excessive price increases has been raised to 1 million lira, and for stockpiling to 12 million lira. Those who receive stockpiling penalties three times in a calendar year can have their workplaces closed for up to 6 days. Regulations regarding unfair commercial practices and payment periods in the retail trade sector have come into effect. Additionally, a communiqué has been enacted to allow the sale of gluten-free sweet and savory snacks and flour in chain store branches with a sales area of more than 250 square meters, and to allow the sale of gluten-free bread, pasta, and similar products in branches with a sales area of more than 400 square meters.

E-COMMERCE REGULATIONS

By amending the Regulation on Real Estate Trade, it has been stipulated that the professional experience requirement will not be sought in authorization certificate applications made by businesses and contracted businesses with income or corporate tax or professional chamber registration related to real estate trade before May 14, 2024, until December 31, 2024. The application period specified as December 31, 2024, in this provision has been extended to June 30. A communiqué has been enacted regarding the authorization of integrators who fulfill the obligations imposed on service providers engaged in commercial activities under the electronic commerce legislation by the Ministry. Amendments have been made to the Law on the Regulation of Electronic Commerce to promote the overseas sales of domestic electronic commerce marketplaces, increase their competitive power, employment creation potential, and high-tech investments.

SALE OF FRUITS AND VEGETABLES

The method of leasing sales places in closed markets through limited real rights has been abolished. Regulations regarding the trade of fruits and vegetables have been made through Ministry circulars. The number of partners or members required to obtain a producer organization certificate for vegetable and fruit producers has been reduced from 50 to 25. It has been regulated that no deductions such as handling fees can be made from the goods price to be paid to the producer, and those purchasing goods from the wholesale market cannot be forced to receive handling services or pay fees without receiving these services. This year, the monetary limit to be applied in the market arbitration boards has been determined as 887 thousand 9 lira.