Future Tech

Israel mulls fine on Facebook for antitrust violation

Tan KW
Publish date: Tue, 11 May 2021, 07:32 PM
Tan KW
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Future Tech

JERUSALEM - Israel's Competition Authority said on Tuesday it was considering imposing a fine of about 6 million shekels ($1.8 million) on Facebook for buying two Israeli companies without the agency's consent.

It said the fine is subject to a hearing and Facebook has the right to submit its arguments to the authority's director general within 60 days.

 


  - Reuters

 

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