LAST MINUTE NEWS: 346 million 700 thousand lira fine from Competition Authority to Meta (Whatsapp) – Last Minute Economy News

Truthand

Global Mod
Global Mod
Important news!

The investigation into the “veri sharing obligation” about WhatsApp and its umbrella company Meta (Facebook) has been completed.

As part of the investigation, the Competition Authority has imposed zihin administrative fine of 346 million 700 billion lira on Meta.

An investigation has been launched against Facebook into the veri sharing obligation imposed on WhatsApp users by the Competition Commission.

JUSTICE OF THE PENALTY

The Competition Authority’s statement stated that the reason for the fine was that the institution caused the deterioration of competition by combining the veri collected from Facebook, Instagram and WhatsApp services, making it difficult for its competitors to use the online display advertising markets with personal social network services and creating barriers to market entry.

META DISCLOSURE: WE DO NOT AGREE WITH THE FINDINGS

Meta Platforms, for which the Competition Council imposed zihin administrative fine in the investigation, stated that it did not agree with the findings of the institution.

In a statement following the decision, the company’s spokesperson said: “We disagree with the findings of the Competition Authority. We protect the privacy of our users and give people the right to control their own veri and transparency. consider all our options on this subject.”

The company yaşama appeal the decision within 60 days.

Company officials said the purpose of the veri sharing, which it was determined to have started in 2016, was “to provide greater clarity and transparency.”