Turkish competition guard announced Decided to fine billionaire Elon Musk, also reported Tesla CEO acquisition of Twitter signed without his permission.
The competition authority (RK) said it fined Musk 0.1%. of Twitter gross income in Turkey in 2022.
the board added That Musk’s seizure of power was not effectively violated competitionHowever, the investigation is still over with Fine for deficiency of board permission.
He Said in A statement that the judgment will be open to legal action challenge.
musk, 51, made his wealth in the beginning on financing website PayPal, then created the spacecraft company SpaceX and invested in electricity car Tesla Inc.
But in recent months, more Attention focused on The mess surrounding his $44 billion life purchase of Twitter microblogging site in October.
His takeover was marked by chaos and controversy, incl rounds of Layoffs and some investors wonder if he is too distracted also correctly run Tesla.
Twitter was last Reported week to be laid off At least 200 employees, or 10% of its workforce, in the latest round of Job cuts since Musk took over.
According to Musk last month, the company has the number of employees of about 2300 active employees.
the latest job cuts follow Mass layoffs in Early November when the development of Twitter off About 3,700 employees in a cost-cutting Measuring by touch.
Musk said in November that the service was experiencing ‘huge drop in revenue” as advertisers pulled spending amid concerns about content moderation.
Twitter recently started sharing revenue from ads with some of that it content creators.
