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Tuesday, November 26, 2024

Nigeria fines Meta $220 mln for violating local laws

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Abuja: Nigeria’s Federal Competition & Consumer Protection Commission (FCCPC) said it has fined Meta $220 million for violating local consumer and data protection laws after concluding an investigation into data sharing on Facebook and WhatsApp platforms.

“The Final order imposes a monetary penalty of Two Hundred and Twenty Million U.S. Dollars only ($220,000,000.00),” the commission said in its press release.

Meta misappropriated the data of Nigerian users on its platforms without their consent, abused its dominant market position, and treated Nigerians in a discriminatory and unequal manner compared to other jurisdictions with similar rules, the press release said.

European regulators have repeatedly fined the company for personal data confidentiality issues. Ireland fined Meta a record 1.2 billion euros ($1.3 billion) for violations related to the transfer of personal data from the European Union to the United States.

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