Adekunle Buruji reports:
The Federal Government has fined the parent company of Facebook, Instagram, and WhatsApp, Meta Platforms Inc., the sum of $220m for an unauthorised appropriation of personal data without user consent, discriminatory practices against Nigerian users, and the abuse of Meta’s dominant market position.
A statement by the the Federal Competition and Consumer Protection Commission (FCCPC) on Friday, said the decision was taken after its joint investigation with the Nigeria Data Protection Commission (NDPC), revealed extensive and ongoing violations of Nigerian laws, following a comprehensive 38-month investigation into its data privacy practices and market behaviour.
Read more at ChannelsTV.com.
Meta has announced that it will appeal.
Post updated to add Meta’s intention to appeal.