Nigerian tribunal upholds $220 million fine against Meta for violating consumer, data laws
- A Nigerian tribunal recently upheld a $220 million fine against Meta.
- This ruling followed a joint 38-month investigation into Meta's data practices.
- The tribunal dismissed Meta's appeal, finding the FCCPC acted legally.
- The tribunal affirmed the $220 million penalty and added $35,000 for costs.
- Meta must pay the amounts within 60 days and submit a data policy.
71 Articles
71 Articles
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Nigerian tribunal upholds R4bn fine against Meta for violating laws
A $220m (R4.11bn) fine against Meta Platforms by Nigeria's competition watchdog for violating local consumer, data protection and privacy laws has been upheld following an unsuccessful appeal, Nigeria's Competition and Consumer Protection Tribunal said on Friday.
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America First Report
Uncanceled NewsZuckerberg’s Trillion-Dollar Meta Empire Sits on Razor’s Edge as Antitrust Case Rolls On
(DCNF)—The Federal Trade Commission (FTC) took Meta to trial last week, opening a federal antitrust assault that threatens to tear Mark Zuckerberg’s trillion-dollar empire apart. The trial caps nearly five years of legal wrangling over regulators’ claim that Meta crushed competition — and illegally established social media hegemony — by acquiring Instagram and WhatsApp over a decade ago. At stake is more than Meta’s ownership of the billion-user…
A Nigerian court rejected the appeal of the US multinational against a $220 million fine imposed on it last year by the National Consumer Protection Agency for numerous violations of personal data on Friday 25 April. Two days earlier, the European Union had also held a fine of €200 million against Facebook's parent company, WhatsApp and Instagram.
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