Regulatory authorities should develop more capacity and be more forceful.

• • Regulatory authorities should develop more capacity and be more forceful.
  • When compared to EU applications, the fines charged by the Turkish Competition Authority is negligible.
  • Even these smaller fines have been overturned by the High Court. So, the Court should handle the cases not only from a legality/Law base, but also from the market dynamics and multidisciplinary view.
  • When opening public utilities to private competition, careful market design/architecture is important, especially for the energy sector.