Turkey's competition board has announced its decision to impose a fine of $37.2 million on Meta in connection with a data-sharing investigation. The probe focused on Meta's practices related to sharing user data, which raised concerns about potential antitrust violations.
The competition board's ruling comes as part of ongoing efforts to regulate the tech industry and ensure fair competition in the market. Meta, formerly known as Facebook, has faced scrutiny from regulators worldwide over its data practices and market dominance.