Turkey's competition board to fine Meta $37.2 million in data-sharing probe


FILE PHOTO: A security guard stands watch by the Meta sign outside the headquarters of Facebook parent company Meta Platforms Inc in Mountain View, California, U.S. November 9, 2022. REUTERS/Peter DaSilva/File Photo

ISTANBUL (Reuters) - Turkey's competition board fined Meta Platforms 1.2 billion lira ($37.20 million) on Wednesday after concluding two separate investigations on data-sharing in its Facebook, Instagram, WhatsApp and Threads platforms.

The board launched an investigation into Meta in December over a possible violation of competition law by linking its social media platforms Threads and Instagram. The board in March imposed an interim measure on Meta meant to hinder data sharing between those two platforms.

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