Meta fined by Turkish competition board for violating laws, fined USD 18.6 million
Meta could be suspended in Kenya
Facebook parent company Meta has been slapped with a fine of USD 18 million by Turkey's competition authority for breaking competition laws. The authority said in a statement that Meta held a dominant position in personal social networking services and online video advertising and had obstructed competitors by merging data collected through its core services Facebook, Instagram and WhatsApp.
Reuters quoted a Meta Platforms spokesperson as saying that the company disagrees with the findings and will consider all options. The competition authority has said that Meta must act to reinstate competition in these markets. It has also asked Meta to prepare annual reports about steps it will take for the next five years.
The authority said that the amount of the fine was based on company's 2021 income. Meta can object to the decision in 60 days.
In 2021, the competition authority launched an investigation into WhatsApp, and then Facebook Inc., after the messaging app asked users to agree to let Facebook collect user data such as phone numbers and locations, a change that was rolled out globally.
Analysts have said social media companies are unlikely to abide in full by the law, that requires them to remove such material and to share user data with authorities.
(With inputs from agencies)
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