Türkiye’s competitors board mentioned on Tuesday it launched an investigation into Meta Platforms over a potential violation of competitors legislation by linking its social media platforms Threads and Instagram.
In a press release, the Competition Authority (RK) mentioned the preliminary analysis produced critical and adequate proof to open an investigation to determine whether or not linking the Threads app to the Instagram app violated competitors legislation.
Meta was hit with a $18.63 million nice in October final 12 months for breaking competitors legislation. The RK mentioned the corporate held a dominant place in private social networking companies and on-line video promoting and had obstructed opponents by merging information collected by way of its core companies Facebook, Instagram and WhatsApp.
Launched in July this 12 months, Threads has been portrayed as a challenger to X, previously referred to as Twitter, which stays one of many world’s greatest social media platforms regardless of its struggles following tech tycoon Elon Musk’s takeover in 2022.
Threads accounts are synched to Instagram on the outset, permitting customers to maintain their usernames and retain followers.
Threads has nearly 100 million customers who’re lively at the very least as soon as a month, mentioned Facebook founder and Meta chief govt Mark Zuckerberg in October. After its launch, Threads broke the 100 million sign-up mark inside just a few days – however consumer exercise fell quickly after.
Zuckerberg remained satisfied that Threads may grow to be a service with 1 billion customers in just a few years.
Instagram has greater than two billion customers that it hopes will flip to its Threads spin-off.
X, in the meantime, says it has greater than 200 million each day customers.
Source: www.dailysabah.com
