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UPSC Polity UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC UPSC™ UPSC UPSC UPSC UPSC UPSC UPSC™
January 25, 2025 at 01:24 PM
🌐 Meta Secures NCLAT Relief on CCI’s WhatsApp Ban ✅ The National Company Law Appellate Tribunal (NCLAT) temporarily suspended the Competition Commission of India (CCI)'s directive banning data sharing between WhatsApp and its owner Meta for advertising purposes. 📉 Meta argued that the ban could lead to a "collapse" of WhatsApp's business model, affecting its operations in India, where it serves over 500 million users. 📊 The tribunal acknowledged the technical and business implications of the ban and delayed its enforcement until Meta's appeal is fully reviewed. 💰 Facebook India Online Services, Meta’s advertising arm, reported a revenue of $351 million in 2023-24, highlighting the Indian market's significance for its ad operations. ⚖️ This ruling provides temporary relief for Meta as the final decision is still pending.

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