India's competition regulator imposes $25.4 mln fine on Meta for WhatsApp's 2021 privacy policy
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India's competition regulator has fined Meta $25.4 million for antitrust violations related to WhatsApp's 2021 privacy policy.

November 18, 2024 | 3:30 pm
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Meta has been fined $25.4 million by India's competition regulator for antitrust violations related to WhatsApp's 2021 privacy policy.
The fine represents a legal and regulatory challenge for Meta, potentially affecting investor sentiment negatively in the short term. The financial penalty, while not large relative to Meta's size, highlights ongoing regulatory scrutiny, which could weigh on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90