Turkish competition board says fines Elon Musk over Twitter takeover

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

Reuters

March 06, 2023 / 14:07 IST

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

first published: Mar 6, 2023 02:07 pm

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