Nigerian tribunal upholds $220 million fine against Meta for violating consumer, data laws

FILE PHOTO: A $220 million fine against Meta by Nigeria’s competition watchdog for violating consumer, data protection and privacy laws has been upheld.
| Photo Credit: Reuters

A $220 million fine against Meta Platforms by Nigeria’s competition watchdog for violating local consumer, data protection and privacy laws has been upheld following an unsuccessful appeal, Nigeria’s Competition and Consumer Protection Tribunal said on Friday.

Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) fined Meta last July for discriminatory and exploitative practices against Nigerian consumers, compared with other jurisdictions with similar regulations.