Competition Authority Imposes Interim Measure
Turkey’s competition authority has taken action against Meta Platforms Inc, imposing an interim measure to inhibit data sharing between Instagram and Threads platforms. This move comes as the authority investigates potential abuse of Meta’s dominant market position.
Investigation Initiated in December
In December, Turkey’s competition authority launched an investigation into Meta Platforms Inc (META.O) over possible violations of competition law. The investigation focuses on the relationship between Meta’s Instagram and Threads platforms.
Interim Measure to Remain in Place
The competition authority has stated that the interim measure will remain effective until a final decision is reached. The concern is that the data obtained and merged through these two apps could violate competition law and cause irreparable damage in the market.
Fine Imposed on Meta
In addition to the interim measure, the Turkish authority has fined Meta 4.8 million lira ($148,000) daily as part of a separate investigation. This investigation pertains to a notification message sent by Meta to users regarding the sharing of data.
Insufficient Transparency in Data Sharing Notification
The authority found that Meta’s notification about data sharing among its Facebook, Instagram, and WhatsApp services lacked sufficient information and transparency. Moreover, the notification was designed to guide users to approve data sharing, which was deemed inadequate to address anti-competition concerns.
Meta’s Response
As of now, a spokesperson for Meta has not provided immediate comment on the decisions made by the Turkish competition authority.
Subscribe to Follow Global Trends for daily global news. To Advertise, send a mail to advertise@followglobaltrends.com
Credit : Ezgi Erkoyun