Following a legislative reform process spanning over seven years, the European Parliament and the Council of the EU have reached a political agreement on the New EU Pharma Package. This package comprises two fundamental legislative instruments: a directly applicable Regulation and a Directive to be transposed into national law by Member States. It constitutes one of the most extensive overhauls of EU pharmaceutical law in recent history. While the final text has not yet been published in the...

According to three separate decisions published on the Turkish Competition Authority’s (“TCA”) website on December 4, 2025, administrative fines were imposed on Modern Times Group MTG AB (“MTG”)  for finalizing three different acquisitions in the video game development and publishing sector without obtaining prior clearance from the Turkish Competition Board (“Board”). The Board decided to impose administrative fines because the following transactions were closed without notification to the...

The Decision on the Amendment of the Decision on Pricing of Medicinal Products for Human Use (“Amending Decision”)   has been published in the Official Gazette dated 19 December 2025. The Amendment Decision shall enter into force one day after its publication date.   The new provisions implemented by the Amending Decision are as follo ws: Warehouse and pharmacist profit rates to be applied for the determination of retail sale prices of the products and price thresholds have been...