Home Metro BREAKING: FCCPC Fines Meta $220 Million for Data Privacy Violations
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BREAKING: FCCPC Fines Meta $220 Million for Data Privacy Violations

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Breaking News | Daily Report Nigeria
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The Federal Competition and Consumer Protection Commission (FCCPC) has imposed a $220 million fine on Meta, the parent company of WhatsApp, Facebook, and Instagram, for multiple data privacy violations.

The fine is the result of a joint investigation by the FCCPC and the Nigeria Data Protection Commission (NDPC) into Meta’s conduct and privacy policies.

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According to the FCCPC, Meta has engaged in “abusive, invasive, and exploitative practices” against Nigerian data subjects, including appropriating personal data without consent, discriminatory practices, and abuse of dominant market position.

The commission found that Meta’s practices have constituted “multiple and repeated infringements” of the Federal Competition and Consumer Protection Act (FCCPA) and the Nigeria Data Protection Regulation (NDPR).

The FCCPC’s acting chief executive officer, Adamu Abdullahi, stated that the fine is in accordance with the FCCPA and the Federal Competition and Consumer Protection (Administrative Penalties) Regulations 2020.

He noted that the commission has provided Meta with every opportunity to articulate its position and defenses but has now entered a final order and issued a penalty.

The final order mandates Meta to take steps to comply with prevailing law and cease the exploitation of Nigerian consumers. The order also imposes a monetary penalty of $220 million, which is expected to serve as a deterrent to other companies.

READ ALSO: President Tinubu Appoints Olatunji Bello as New FCCPC Boss

The FCCPC has expressed its commitment to protecting the privacy of Nigerians and ensuring that consumer rights are respected.

The commission has also appreciated the collaboration with the NDPC, stating that the joint investigation demonstrates the mutual desire to ensure compliance with the law and accountability for malfeasance.

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