Turkey Says Facebook Risks Fines If Flouts New Social Media Law
(Bloomberg) — Turkey will penalize Facebook with escalating fines and could make it excrutiatingly slow to use the platform if the company flouts a new social media law that could be used to stifle dissent.
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Buildings on the skyline of the European side sit on the horizon, framed beneath a Turkish flag flying from the Asian side, in Istanbul, Turkey, on Monday, April 27, 2020. Coming off a brief recession just over a year ago, the urgency is mounting for Turkey to loosen the screws on the economy as its currency and reserves come under pressure more than a month after it introduced social-distancing measures.
A senior Turkish official said The Menlo Park, California-based company had not formally told the government whether or not it would not be appointing a local representative.
But the social media giant will face an initial 10 million lira ($1.3 million) fine on