Turkey’s legal wrangling with five of the world’s biggest social-media companies is alarming local executives who see a hit to sales and exports if they are forced to stop advertising on the dominant platforms.
Turkish authorities have fined Facebook Inc., YouTube Inc., Twitter Inc., Instagram Inc. and TikTok Inc. 40 million liras ($5.1 million) each for failing to appoint a local representative under laws enforced this year that activists say are an attempt to stifle online dissent.
