The Regulation, which had been implemented by the Competition Board since 2009 to set administrative fines to impose on competition infringements, was repealed. The Regulation on Fines to Apply in Cases of Agreements, Concerted Practices and Decisions Limiting Competition, and Abuse of Dominant Position, which was published in the Official Gazette dated 27 December 2024 and no 32765 entered into force.  The distinction between “cartel” and “other violations” in the determination of administrative fines and the lower and upper limits of base fines, which were based on this distinction were removed with the new Regulation.  Aggravating factors and mitigating factors were redefined in light of the decisions of the Competition Board.  According to article 16 of the Act no 4054 on the Protection of Competition, the Competition Board is authorized to apply administrative fines up to ten percent of the turnovers of the undertakings or associations of undertakings concerned in cases of agreements, concerted practices and decisions limiting competition, and abuse of dominant position.