ISTANBUL (Reuters) – Turkey’s competition board said on Thursday that it has decided to terminate an investigation of Meta Platforms (NASDAQ:) regarding data-sharing between social media platforms Threads and Instagram.
Commitments presented by the company to address competition concerns are sufficient and hence the authority decided to end the investigation, it said in a statement.
The board launched the investigation into Meta last year over a possible violation of competition law related to the linking of its social media platforms.
In April, Meta temporarily shut down its Threads social media platform in Turkey to comply with an interim order from the Turkish competition authority.