Tuesday, November 29, 2022
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HomeNewsTurkey fines Meta for violating the country's competition law

Turkey fines Meta for violating the country’s competition law

The fine for violating the country’s competition law is 346.72 million liras, equal to some 18.63 million US dollars.

RK, the Turkish Competition Authority, which is a government agency regulating competitive market processes, fined Meta Platforms for violating the country’s competition law. The fine is 346.72 million liras, equal to 18.63 million US dollars.

According to RK, combining the data collected from Facebook, Instagram, and WhatsApp services caused the deterioration of competition which made it difficult for Meta’s competitors operating in online display advertising markets by creating barriers to enter the market.

The RK said that Meta breached the Turkish competition law’s article 6. However, Meta can appeal the decision at the Administrative Court of Ankara within next 60 days. A company spokesperson said that Meta has disputed the decision of Turkey’s RK.

Read More: South Korea Fines Google And Meta Millions For Privacy Law Violations

The spokesperson said Meta Platforms strive to protect user privacy and give people transparency and control over their personal data. They further added that the company will consider all options.

Following a new privacy agreement in 2021 that asks WhatsApp users to share data with Facebook, Turkey launched an inverstigation into WhatsApp and Facebook. Meta had to put a stop to the new privacy agreement in light of the reactions and the investigation.

Turkey also occasionally fines social media giants, including Meta platforms, for defying the regulations and laws that aim to increase government controls. Social media platforms were focused on in Turkey after the government passed a new disinformation law on October 14 that will maximize the control of Turkish government on social media platforms.

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Sahil Pawar
Sahil Pawar
I am a graduate with a bachelor's degree in statistics, mathematics, and physics. I have been working as a content writer for almost 3 years and have written for a plethora of domains. Besides, I have a vested interest in fashion and music.

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