Future Tech

Turkish competition board says fines Elon Musk over Twitter takeover

Tan KW
Publish date: Mon, 06 Mar 2023, 10:01 PM
Tan KW
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Future Tech

ISTANBUL - The Turkish Competition Board said on Monday it had decided to fine billionaire Elon Musk 0.1% of Twitter's gross income in Turkey in 2022, as his takeover of the company occurred without the board's permission.

The board said in a statement that the ruling would be open to a legal challenge.

 


  - Reuters

 

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