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
The Knot to Acquire Rival Zola Amid Growing Regulatory Scrutiny
Oct 14, 2026 by
CPI
Apple Seeks to Overturn Record $5.7 Billion Patent Verdict
Oct 14, 2026 by
CPI
Stripchat Loses EU Court Fight Over Digital Services Act Classification
Oct 14, 2026 by
CPI
Japan Antitrust Regulator Plans $3.3 Million in Penalties Over Railway Bid-Rigging
Oct 14, 2026 by
CPI
Liquidia, United Therapeutics Reach $381 Million Deal to End Lung Drug Litigation
Oct 14, 2026 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – National Security
Sep 22, 2026 by
CPI
National Security in U.S. Antitrust Enforcement: Toward a More Disciplined Framework
Sep 22, 2026 by
Rod Rosenstein & Timothy Finley
The Department of War’s M&A Review Guidance: What Companies in the Defense Industry Need to Know
Sep 22, 2026 by
Eric Stocking & Paul Ney
National Security, Resilience and the Boundaries of Merger Control
Sep 22, 2026 by
Beatriz Marques
National Security and Competition: Building Resilient Telecommunications Networks
Sep 22, 2026 by
Roslyn Layton