The Federal Competition and Consumer Protection Commission (FCCPC) has reacted to reports on Meta threatening to exit Nigeria over the Court’s affirmation of the Commission’s $290 million fine against the company.
The Commission, in a statement signed by its Director of Public Affairs, Ondaje Ijagwu, described Meta’s threat as “a calculated move aimed at inducing negative public reaction and potentially pressuring the FCCPC to reconsider its decision.”
The FCCPC investigated Meta Platforms and WhatsApp (jointly referred to as “Meta Parties”) for allegedly violating the Federal Competition and Consumer Protection Act (FCCPA) and the Nigerian Data Protection Regulation (NDPR).
The Commission noted that Meta had been fined for similar breaches in Texas ($1.5billion) and was only recently asked to pay $1.3 billion for violating E.U. Data Privacy Rules.
