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
Turkey Widens Hazelnut Price-Fixing Probe to Ferrero, Six Other Companies
Nov 8, 2026 by
CPI
Medtronic Sued Over Alleged Monopoly in Surgical Stapler Market
Nov 8, 2026 by
CPI
Intesa Faces More Branch Sales to Secure Italy’s Approval for MPS Deal
Nov 8, 2026 by
CPI
DOJ Closes Antitrust Investigation as Fox Completes $22 Billion Roku Acquisition
Nov 8, 2026 by
CPI
NCAA Wins Federal Appeals Court Ruling on Five-Year Eligibility
Nov 8, 2026 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Exclusive Dealing
Oct 25, 2026 by
CPI
Exclusive Dealing Without Exclusivity: Screening Contracts, Loyalty Rebates, and the Limits of Antitrust Tests
Oct 25, 2026 by
David Martimort & Jérôme Pouyet
When Competition for Exclusivity Raises Prices: Rebates, Pricing Rules, and the Insulin Puzzle
Oct 25, 2026 by
Daniel P. O’Brien & Greg Shaffer
Why Leaving the Door Open Can Be (Much) Worse Than Closing It: Share-Based Requirements, Buyer-Specific Costs, and Foreclosure
Oct 25, 2026 by
Zhijun Chen & Greg Shaffer
Antitrust Chronicle® – EU Merger Guidelines
Oct 19, 2026 by
CPI