Meta Platforms, the parent company of Facebook, has faced a significant setback in Nigeria as the country’s Competition and Consumer Protection Tribunal upheld a hefty fine imposed on the tech giant. The $220 million penalty was originally levied by Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) last year for violating local consumer protection, data privacy, and protection laws. The fine comes after an appeal by Meta was dismissed by the tribunal on Friday.
Featured News
EU Eyes Major Merger Rule Overhaul to Compete with US and China
Apr 16, 2026 by
CPI
White House Weighs Michael Murray for Top Antitrust Role at Justice Department
Apr 16, 2026 by
CPI
French Regulator Fines Organic Food Cartel €12.67 Million
Apr 16, 2026 by
CPI
Alphabet Seeks Defense Deal to Bring Gemini AI Into Secure Military Systems
Apr 16, 2026 by
CPI
UK Steps Up Pressure on Social Media Platforms Over Children’s Online Safety
Apr 16, 2026 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Competitor Collaborations
Mar 26, 2026 by
CPI
Between Scylla and Charybdis – Navigating Transatlantic Antitrust Currents
Mar 26, 2026 by
Tilman Kuhn & Niklas Brüggemann
Cartel Enforcement Moves Into the Labor Market: Trends and Implications
Mar 26, 2026 by
Andreas Kafetzopoulos & Caroline Janssens
Rethinking Buy-Side Antitrust “Group Boycotts”
Mar 26, 2026 by
Craig Falls & Brendan McGuire
Positive Collaborations: The Tools Available to Competition Authorities to Encourage Beneficial Interactions Between Competitors
Mar 26, 2026 by
Rona Bar-Isaac & Thomas Withers