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    MarketForces Africa » Fintech » Meta to Appeal $220m Fine by FCCPC – WhatsApp

    Meta to Appeal $220m Fine by FCCPC – WhatsApp

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiJuly 20, 2024Updated:July 20, 2024 Fintech No Comments2 Mins Read
    Meta to Appeal $220m Fine by FCCPC – WhatsApp
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    Meta to Appeal $220m Fine by FCCPC – WhatsApp

    WhatsApp says its parent body, Meta, will be appealing the $220 million fine imposed by the Federal Competition and Consumer Protection Commission (FCCPC) regarding its violation of Nigeria’s data privacy laws.

    The organisation, Whatsapp, said this in a statement made available on Saturday in Lagos. It said: “We disagree with the decision today as well as the fine and Meta will be appealing the decision.

    “In 2021, we went to users globally to explain how talking to businesses among other things would work and while there was a lot of confusion then, it has proven quite popular,” the organisation said.

    Its reaction follows a statement released by the FCCPC and signed by its acting Executive Chairman, Adamu Abdullahi, saying that Meta had denied Nigerian users control over their data.

    The FCCPC said that Meta had also shared the users’ data without consent, and abused its market dominance. According to the statement released to the media, the FCCPC’s final order  imposed a monetary penalty of two hundred and twenty million U.S. Dollars only, on Meta.

    The penalty is in accordance with the FCCPA 2018, and the Federal Competition and Consumer Protection (Administrative Penalties) Regulations 2020,” the statement said.

    The FCCPC announced that it initiated its investigation in May 2021, based on evidence suggesting that Meta, through its platforms, had breached the provisions of the FCCPA 2018 and the Nigeria Data Protection Regulation 2019.

    It stated that these regulations were in effect prior to the enactment and implementation of the Nigeria Data Protection Act 2023. The competition protection body noted that Meta responded to document requests and summons by providing some information.

    It stated that Meta’s representatives and retained legal counsel had consistently engaged with and met investigators and analysts from the commission and the NDPC, including as recently as April 4, 2024.

    The FCCPC highlighted that its investigation uncovered evidence of Meta engaging in practices that were abusive and invasive towards data consumers in Nigeria.

    This included collecting personal data without consent and implementing discriminatory practices against Nigerians, among other issues. Meta Platforms, Inc., doing business as Meta, is an American multinational technology conglomerate based in Menlo Park, California.

    The company owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services. #Meta to Appeal $220m Fine by FCCPC – WhatsApp . Global Technology Glitch: Delta Suspend Flights

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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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