Monetary Thresholds are Increased for the Service Providers in Electronic Commerce
With a law published on the Official Gazette dated 07 July 2022 and numbered 31889, significant changes were made in the Law on the Regulation of Electronic Commerce with no. 6563 (“Law”).
With the relevant amendment, the definitions of "electronic commerce service provider" and "electronic commerce intermediary service provider" and the obligations of these service providers were added to the Law. In addition, certain additional obligations were regulated for service providers exceeding the thresholds determined by the Law. The same Law also stated that the determined thresholds can be increased by half by the President in February 2023.