"Turkey Takes Action Against Meta for Data Sharing Between Threads and Instagram"

TL;DR
Turkey's competition authority has imposed an interim measure on Meta Platforms Inc to hinder data sharing between Instagram and Threads as it investigates potential abuse of the company's dominant market position. The authority fined Meta 4.8 million lira daily in a separate investigation over a notification message about data sharing, stating that it did not provide sufficient information and was not transparent enough. The interim measure will remain in place until a final decision is made, as the data obtained and merged through the two apps could violate competition law and cause irreparable damage in the market.
Topics:businessbusinesstech#businesstech#competition-law#instagram#meta-platforms-inc#threads#turkey
Want the full story? Read the original reporting
Read on Reuters