Nigeria fines Meta
Nigeria has hit Meta, the parent company of Facebook, Instagram, and WhatsApp, with a hefty $220 million (132.4 billion FCFA) fine for violating the country’s antitrust, data protection, and consumer rights laws. The decision comes after a 38-month investigation launched by Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) in May 2021.
The FCCPC accused Meta of a number of concerning practices, including:
The FCCPC claims to have “significant evidence” to support these accusations. They have also ordered Meta to “desist from future similar or other conduct/practices that do not meet nationally applicable standards.” Meta has yet to publicly respond to the fine or the FCCPC’s accusations.
This decision comes amidst growing global scrutiny of tech giants and their data practices. Nigeria, Africa’s most populous nation with a large and internet-savvy youth population, is a crucial market for social media platforms. The country’s stance sets a precedent for other nations seeking to regulate the data practices of big tech companies. It’s also not the first time Meta has faced such accusations. Earlier this month, the European Union took similar action against the company for breaching data privacy regulations.
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