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Turkish competition board says fines Elon Musk over Twitter takeover

Gulan Media March 6, 2023 News
Turkish competition board says fines Elon Musk over Twitter takeover

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.

(Reporting by Daren Butler, Editing by Humeyra Pamuk)

Reuters

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