Nigerian tribunal upholds $220 million fine against Meta

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A Nigerian tribunal on Friday rejected Meta‘s appeal against a $220-million fine imposed by the country’s consumer protection agency last year for a myriad of consumer data violations.The Facebook and WhatsApp parent company will also have to pay the Federal Competition and Consumer Protection Commission (FCCPC) an additional $35,000 for the cost of its original investigation into the company, commission spokesman Ondaje Ijagwu said in a statement.

The Competition and Consumer Protection Tribunal “ruled that the multiple actions by WhatsApp and Meta,…



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Nigerian tribunal upholds $220 million fine against Meta


A Nigerian tribunal on Friday rejected Meta‘s appeal against a $220-million fine imposed by the country’s consumer protection agency last year for a myriad of consumer data violations.The Facebook and WhatsApp parent company will also have to pay the Federal Competition and Consumer Protection Commission (FCCPC) an additional $35,000 for the cost of its original investigation into the company, commission spokesman Ondaje Ijagwu said in a statement.

The Competition and Consumer Protection Tribunal “ruled that the multiple actions by WhatsApp and Meta,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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