Meta Fined $596,700 by UK's Ofcom Over Inaccurate WhatsApp Business Information

MT Newswires Live11-12 19:28

Meta Platforms (META) has been fined 450,000 British pounds ($596,700) by UK communications regulator Ofcom for providing inaccurate information about its WhatsApp business services as part of an investigation launched by the regulator early this year, Ofcom said Thursday.

Ofcom opened a probe in January into Meta's compliance with its statutory information requests. The watchdog said Meta had "contravened" five separate information requirements in its responses to the requests.

The fine includes a 25% discount from the 600,000 pounds penalty Ofcom would otherwise have imposed had Meta not requested to settle the investigation, the regulator said.

Meta did not immediately respond to MT Newswires' request for comment.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment