Nigeria fines Meta $220M for violating consumer, data laws
1–10 of 43 posts
Re: Nigeria fines Meta $220M for violating consumer, data laws
#2Facebook can simply not pay it? Nigeria cannot do anything I imagine.
Re: Nigeria fines Meta $220M for violating consumer, data laws
#3Facebook can simply not pay it? Nigeria cannot do anything I imagine.
Force their ISPs to block WhatsApp? Hello?
Re: Nigeria fines Meta $220M for violating consumer, data laws
#4Facebook can simply not pay it? Nigeria cannot do anything I imagine.
They have offices and very probably a legal entity in Nigeria. I'd imagine that if they don't pay up, and as such decide to not follow the country's law, then Nigeria will seize the assets available and issue a ban against WhatsApp and other Meta services.
Re: Nigeria fines Meta $220M for violating consumer, data laws
#5Re: Nigeria fines Meta $220M for violating consumer, data laws
#6For reference: that's below $1 per resident.
Re: Nigeria fines Meta $220M for violating consumer, data laws
#7Facebook can simply not pay it? Nigeria cannot do anything I imagine.
They likely won't pay as Meta does not pay any tax close to 200mm in Nigeria.
Re: Nigeria fines Meta $220M for violating consumer, data laws
#8Facebook can simply not pay it? Nigeria cannot do anything I imagine.
They have offices and very probably a legal entity in Nigeria. I'd imagine that if they don't pay up, and as such decide to not follow the country's law, then Nigeria will seize the assets available and issue a ban against WhatsApp and other Meta services.
Nigeria will be the big loser if they ban Meta’s free and widely used services. No tech company could function if every banana republic levies hundreds of millions of fines when they don't even generate that much revenue in those markets.
Re: Nigeria fines Meta $220M for violating consumer, data laws
#9Good news, a prince needs some help getting his family inheritance out of the country. Meta can just provide its bank account and routing code numbers to receive the transfer, and will get to keep 25%. They're set.
Re: Nigeria fines Meta $220M for violating consumer, data laws
#10Instead of a fine, Nigeria government should have just invoiced them. It (sort of) worked for one Lithuanian man between 2013-2015 [1]
[1] https://www.nytimes.com/2019/03/25/business/facebook-google-...