CoinMarketCap: Read what our contributors have to say. This content is provided by the community. DYOR!
FCCPC says WhatsApp is trying to influence public opinion with ‘leaving Nigeria’ threats amid $200m fine
Market Musing-g

FCCPC says WhatsApp is trying to influence public opinion with ‘leaving Nigeria’ threats amid $200m fine

Technext.ng
By Technext.ng
Created 8 months ago, last updated 8 months ago
4 mins read
Nigeria’s consumer protection regulator, the Federal Competition and Consumer Protection Commission, FCCPC has dismissed a threat by Meta’s instant messaging app, WhatsApp that it would leave the country. This was revealed in a statement made by the commission’s handle on X, formerly Twitter.

Recall that WhatsApp had threatened to leave the country following a steep $200 million fine imposed on it by the FCCPC. This was after the instant messaging platform was investigated and found guilty of breaching both consumer protection and data protection laws. 

According to the commission’s statement, WhatsApp’s threat to leave the country is only a ploy to garner public sympathy for its side.

WhatsApp’s claim that it may be forced to exit Nigeria due to FCCPC’s recent order appears to be a strategic move aimed at influencing public opinion and potentially pressuring the FCCPC to reconsider its decision. 

WhatsApp and Meta’s troubles with the FCCPC

Recall that a week ago, the FCCPC imposed an astounding $200 million fine on Meta for the failure of its instant messaging platform, WhatsApp to comply with data privacy standards. Because of this, WhatsApp reportedly said it was considering withdrawing certain services from Nigeria due to the commission’s stringent demands.
We want to be really clear that technically, based on the order, it would be impossible to provide WhatsApp in Nigeria or globally,” a spokesperson for WhatsApp told TechCabal via email. 

The spokesperson also said the FCCPC’s order contains multiple inaccuracies and misrepresents how WhatsApp works. They said WhatsApp relies on limited data to run its service and keep users safe, and it would be impossible to provide WhatsApp in Nigeria or globally without Meta’s infrastructure. The platform is therefore urgently appealing the order to avoid any impact on users.

However, the FCCPC believes it is all a ploy to sway public opinion to its side rather than face the penalty for its wrongdoings. In its latest statement, the FCCPC said it investigated Meta Platforms and WhatsApp for allegedly violating the Federal Competition and Consumer Protection Act (FCCPA) and the Nigeria Data Protection Regulation (NDPR), and found them guilty. 

The Commission found that Meta Parties engaged in multiple and repeated infringements of the FCCPA and the NDPR. These infringements included denying Nigerians the right to control their personal data, transferring and sharing Nigerian user data without authorisation, discriminating against Nigerian users compared to users in other jurisdictions and abusing their dominant market position by forcing unfair privacy policies,” the commission said.
Meta A1

It also noted that the final order requires Meta to take steps to comply with Nigerian law, by putting a stop to the exploitation of Nigerian consumers, changing their practices to meet Nigerian standards and respecting consumer rights.

The FCCPC said it also imposed a monetary penalty of $220 million to deter future violations and ensure accountability for the alleged infringements.

The FCCPC’s actions are based on legitimate concerns about consumer protection and data privacy and the order is a positive step towards a fairer digital market in Nigeria. Similar measures are taken in other jurisdictions without forcing companies to leave the market. The case of Nigeria will not be different,” the commission finished.
0 likes
|

Other articles published on Aug 1, 2024

Market Musing-g

Top Reason Why Solana (SOL) Price Is Down Today!

The post Top Reason Why Solana (SOL) Price Is Down Today! appeared first on Coinpedia Fintech News The cryptocurrency market has recorded a bearish price action for the fourth consecutive day, high...
By CoinPedia News
8 months ago
3 mins read
Market Musing-g

25.78% of Wormhole Token Supply Will Be In Circulation After Latest Unlock

This move will represent the complete allotment of 17% of Wormhole token supply to its community.
By Coincu
8 months ago
3 mins read
Market Musing-g

Attention XRP Community: Ripple Announces Its New Partnership and Investment!

OpenEden launches tokenized US Treasury bills (TBILL) on XRP Ledger (XRPL), Ripple invests 10 million. Continue Reading: Attention XRP Community: Ripple Announces Its New Partnership and Investment!
By Bitcoin Sistemi EN
8 months ago
1 min read
Announcements

What’s Driving Fetch.ai’s Price Surge to $1.1632? Along with Key Insights on Upcoming Crypto Pres...

Investors can utilise tools on platforms like Investing.com to analyse these movements.
By Crypto News Land
8 months ago
4 mins read
Trading

Hedera's Recent Surge in User Adoption: What 400,000 New Accounts Mean for the World's Best Crypt...

Discover how Hedera and MoonBag are revolutionizing the Crypto space in 2024 with high APY staking, significant user growth.
By Coingabbar
8 months ago
3 mins read
Market Musing-g

BitClout Founder Charged With Fraud by SEC and Justice Department

The man behind the controversial BitClout crypto social media network was hit with fraud charges by SEC for allegedly lying to investors. The United States Securities and Exchange Commission (SEC) […]
By ItsBitcoinWorld
8 months ago
3 mins read

Join the thousands already learning crypto!

Join our free newsletter for daily crypto updates!