Turkish watchdog says it's fining Musk over Twitter takeover
Turkey’s competition watchdog says it is fining Twitter owner Elon Musk for taking over the social media platform without seeking the board’s permission
By AP News
Published - Mar 06, 2023, 11:51 AM ET
Last Updated - Aug 06, 2024, 07:12 AM EDT
ANKARA, Turkey (AP) — Turkey’s competition watchdog said Monday it was fining Twitter owner Elon Musk for taking over the social media platform without first seeking the watchdog's permission.
Musk would be able to challenge the decision at an administrative court in the Turkish capital of Ankara within 60 days of receipt of a formal notification, said the board which is tasked with ensuring fair competition in the country.
The decision, which was made public on Monday, was reached “unanimously” on March 2, according to a statement from the board.
In 2021, Turkey forced Twitter and other social media platforms to form legal entities inside the country.
