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Home » FACEBOOK NEWS » FG Slams $220m Fine On Facebook’s Parent Company Meta For Data Privacy Violations

FG Slams $220m Fine On Facebook’s Parent Company Meta For Data Privacy Violations

FG Slams $220m Fine On Facebook’s Parent Company Meta For Data Privacy Violations

Naijamixed.com.ng by Naijamixed.com.ng
2 years ago
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FG Slams $220m Fine On Facebook’s Parent Company Meta For Data Privacy Violations

Engaged with, and met with investigators and analysts from the Commission, and the NDPC, including as recently as April 4, 2024.

 

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The totality of the investigation has concluded that Meta Parties over a protracted period of time have engaged in conduct that constitute multiple and repeated, as well as continuing infringements of the FCCA and NDPR, particularly, but not limited to abusive, and invasive practices against data subjects/consumers in Nigeria, such as appropriating personal data or information without consent, discriminatory practices against Nigerian data subjects/consumers or disparate treatment of consumers/data subjects compared with other jurisdictions with similar regulatory frameworks, abuse of dominant market position by forcing unscrupulous, exploitative, and non-compliant privacy policies which appropriated consumer personal information without the option or opportunity to self-determine or otherwise withhold or provide consent to the gathering, use, and/or sharing of such personal data.

 

“Being satisfied with the significant evidence on the record, and that Meta Parties have been provided every opportunity to articulate any position, representations, refutations, explanations or defences of their conduct and practices under law, the Commission have now entered a Final Order, and issued a penalty against Meta Parties.

 

“The Final Order more elaborately describes the specific conduct or practices of the Meta Parties, relationship between Meta Parties with respect to the infringements, particularly with regard to: Denying Nigerian data subjects the right to self-determine; Unauthorized transfer and sharing of Nigerian data-subjects personal data, including cross- border storage in violation of then, and now prevailing law; Discrimination and disparate treatment; Abuse of Dominance; and Tying and bundling.

 

“The Final Order of the Commission mandates steps and actions Meta Parties must take to comply with prevailing law and cease the exploitation of Nigerian consumers and their market abuse, as well as desist from future similar or other conduct/practices that do not meet nationally applicable standards and undermine the rights of consumers.

 

“The Final order also imposes a monetary penalty of Two Hundred and Twenty Million U.S. Dollars only ($220,000,000.00) (at prevailing exchange rate where applicable) which penalty is in accordance with the FCCPA 2018, and the Federal Competition and Consumer Protection (Administrative Penalties) Regulations 2020 (APR).”

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