The European Commission issued reasoned opinions to Cyprus and other member states for failing to implement a minimum 15 per cent tax rate on large multinational corporations.
Turkey’s competition authority imposed an interim measure on Meta Platforms Inc to prevent data sharing between Instagram and Threads during an investigation into potential abuse of market dominance. The investigation, launched in December, examines Meta’s linking of Instagram and Threads for possible competition law violations. The interim measure aims to prevent irreparable market damage until a final decision is reached. Additionally, Meta was fined 4.8 million lira (8,000) daily in a separate case for insufficiently transparent user notifications about data sharing between Facebook, Instagram, and WhatsApp. The notifications were criticized for not adequately addressing anti-competition concerns.