Tinubu Launches Probe into Google, Meta's Practices

President Bola Tinubu has directed the Federal Competition and Consumer Protection Commission (FCCPC) to investigate major technology companies, including Google and Meta, regarding their practices that may undermine Nigeria's media industry. This probe responds to concerns raised by various media organizations, including the Nigerian Press Organisation and the Nigeria Union of Journalists, about anti-competitive practices and the exploitation of local content.
The investigation will focus on allegations of market dominance, unauthorized content scraping, and the denial of fair compensation to local media organizations. The FCCPC's executive vice chairman, Tunji Bello, acknowledged the strategic importance of media in Nigeria's democracy and the need for a fair digital ecosystem.
The probe is expected to open a new chapter for Nigeria's media industry, aiming to enhance local content and reduce reliance on foreign narratives. The investigation aligns with the Federal Competition and Consumer Protection Act of 2018, ensuring transparency and fairness in the digital economy.
Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.
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