CCI imposes a monetary penalty of Rs. 213.14 crore on Meta for anti-competitive practices in relation to 2021 Privacy Policy Update

CCI imposes a monetary penalty of Rs. 213.14 crore on Meta for anti-competitive practices in relation to 2021 Privacy Policy Update

Daily Current Affairs   /   CCI imposes a monetary penalty of Rs. 213.14 crore on Meta for anti-competitive practices in relation to 2021 Privacy Policy Update

Change Language English Hindi

Category : Business and economics Published on: November 21 2024

Share on facebook
  • The Competition Commission of India (Commission) today imposed a penalty of Rs. 213.14 crore on Meta for abusing its dominant position. 
  • This relates to how WhatsApp's 2021 Privacy Policy was implemented and how user data was collected and shared with other Meta companies. 
  • The Commission also issued cease-and-desist directions and also directed Meta and WhatsApp to implement certain behavioural remedies within a defined timeline.
Recent Post's
  • R. Praggnanandhaa wins UzChess Cup Masters 2025 and becomes top-ranked Indian chess player.

    Read More....
  • Meesho gets shareholder approval to raise ₹4,250 crore via IPO after shifting domicile to India.

    Read More....
  • IPS officer Parag Jain appointed new RAW chief; played key role in Operation Sindoor.

    Read More....
  • ICC updates powerplay rules for shortened T20 matches effective from July 2025.

    Read More....
  • Power Ministry forms task force to develop 'India Energy Stack' for digital power infrastructure.

    Read More....
  • MNRE issues revised guidelines for Biomass Programme to promote clean energy adoption.

    Read More....
  • CBSE to hold Class 10 board exams twice a year from 2026 session; first phase mandatory, second optional.

    Read More....
  • NATO agrees to increase defence spending target to 5% of GDP by 2035 at The Hague summit.

    Read More....
  • India and South Africa sign agreements on submarine cooperation during defence talks.

    Read More....
  • Odisha wins women’s title in first Hockey India Masters Cup; Tamil Nadu enters men’s final.

    Read More....