India Fines Meta
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CCI Imposes Rs 213 Crore Penalty on Meta; Firm Plans to Appeal Decision
The Competition Commission of India imposed a Rs 213-crore penalty on Meta regarding its WhatsApp privacy policy on Monday, and the company expressed disagreement with the decision and said that it intends to appeal. The CCI directed WhatsApp on Monday to desist from sharing user data with Meta-owned applications for advertising purposes for a peri...
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Meta Plans To Appeal Indian Regulator's Rs 213 Crore Penalty Order
After the Competition Commission imposed a Rs 213-crore penalty on Meta in relation to WhatsApp privacy policy, the company said it disagrees with the watchdog's decision and plans to appeal.
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Meta Fined $25.4 Million By India, WhatsApp Data Sharing Blocked For 5 Years
India's competition watchdog directed WhatsApp to refrain from sharing user data for advertising purposes with other applications owned by Meta for a period of five years and fined the U.S. tech giant $25.4 million on Monday.
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Reliance Fined for Not Promptly Disclosing 2020 Facebook $5.7 Billion Deal
Reliance Industries and two of its compliance officers were fined for violating fair disclosure norms during Facebook's 2020 investment in its digital unit in 2020. SEBI said Reliance did not disclose the deal even after newspaper reports in March 2020 published price-sensitive details about the imminent investment that led to a spike in its shares...
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CCI Imposes Rs 213 Crore Penalty on Meta; Firm Plans to Appeal Decision
The Competition Commission of India imposed a Rs 213-crore penalty on Meta regarding its WhatsApp privacy policy on Monday, and the company expressed disagreement with the decision and said that it intends to appeal. The CCI directed WhatsApp on Monday to desist from sharing user data with Meta-owned applications for advertising purposes for a peri...
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Meta Plans To Appeal Indian Regulator's Rs 213 Crore Penalty Order
After the Competition Commission imposed a Rs 213-crore penalty on Meta in relation to WhatsApp privacy policy, the company said it disagrees with the watchdog's decision and plans to appeal.
-
Meta Fined $25.4 Million By India, WhatsApp Data Sharing Blocked For 5 Years
India's competition watchdog directed WhatsApp to refrain from sharing user data for advertising purposes with other applications owned by Meta for a period of five years and fined the U.S. tech giant $25.4 million on Monday.
-
Reliance Fined for Not Promptly Disclosing 2020 Facebook $5.7 Billion Deal
Reliance Industries and two of its compliance officers were fined for violating fair disclosure norms during Facebook's 2020 investment in its digital unit in 2020. SEBI said Reliance did not disclose the deal even after newspaper reports in March 2020 published price-sensitive details about the imminent investment that led to a spike in its shares...
