Business · Companies · 17 hrs ago

Turkey fines 70 businesses over social media property and vehicle ads

Turkey fines 70 businesses over social media property and vehicle ads

Turkey fined 70 real estate and vehicle businesses for ads on Instagram, Facebook and TikTok that broke advertising rules.

The businesses received 7 million lira in fines, bringing the total for such cases to 15.2 million lira across 152 businesses.

Turkey's Electronic Listing Verification System requires identity and authority checks for online property and vehicle ads.

Meta was fined 20 million lira and TikTok 4 million for failing to meet system and verification requirements; Meta's total fines under this measure reached 36.2 million lira.

Social media ads must include a verified listing link and the property's or vehicle's price, and their images and descriptions must match the verified listing.

The Trade Ministry says it will continue monitoring ads to protect consumers and curb fake listings.

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Turkey’s Trade MinistryGovernment ministry
The Trade Ministry will continue to closely monitor property and vehicle listings published on social media platforms to protect consumers, prevent fake listings and listing clutter, and ensure transparency in electronic commerce.
via Habertürk