Government Issues Implementing Regulation to Job Creation Law on the Prohibition of Monopolistic Practices and Unfair Business Competition

Regulation of the Government No. 44 of 2021 on the Implementation of the Prohibition of Monopolistic Practices and Unfair Business Competition (“ Regulation 44/2021 ”) has been issued and elaborates upon the various changes that have now been introduced under the framework of Law No. 11 of 2020 on Job Creation (“ Job Creation Law ”) to Law No. 5 of 1999 on the Prohibition of Monopolistic Practices and Unfair Business Competition (“ Law 5/1999 ”). [1] Regulation 44/2021 encompasses various provisions that specifically address the following areas: [2]