Nigeria’s consumer protection watchdog accused US tech giant Meta of abusing market dominance and sharing personal data without permission. Meta is the parent company of Facebook, Instagram and WhatsApp.
Nigeria has issued a $220 million (€202 million) fine against US tech giant Meta for violations of antitrust, data protection and consumer rights laws.
Meta is the parent company of the social media platforms Facebook and Instagram, as well as of the WhatsApp instant messaging service.
As someone who used to live in Nigeria
I’m shocked our insanely corrupt government is trying to do something mildly good
Insanely corrupt nonwithstanding, from the outside my impression of Nigeria’s government was always that they’re smart enough to not saw at the branch they’re sitting on. Hence also the comparatively good education system: Embezzling funding there might be quite profitable, but it’s even more profitable to have at least half-way educated people run an at least half-way developed economy and then embezzling funds from there. It’s much more profitable to steal the harvest than it is to steal the seeds. Compare with South Africa and their electricity grid.
The question is: where does the money go to?
Bribes
People in government
Police
It basically never goes into real public services or actually trying to help the country
I hope Meta becomes an easy money that governments can just use like its in their pocket.
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They could block Facebook. Nigeria is the most populous country in Africa, it’s a significant market.