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FCCPC indicts Google over defaulting online money lending banks, to use US law enforcement

admin by admin
April 2, 2022
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FCCPC indicts Google over defaulting online money lending banks, to use US law enforcement
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The Federal Competition and Consumer Protection Commission (FCCPC) has blamed Google for the inability to trace the owners of some defaulting online money lending banks over consumer rights violations.

This indictment is coming 2 weeks after the commission had ordered Google and Apple to enforce the withdrawal of these money lending applications from their stores where evidence of inappropriate conduct or use of the application in violation of the rights of consumers has been established.

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FCCPC Releases It’s Memorandum of Understanding With Egyptian Competition Authority ECA.

This was made known by the Executive Vice Chairman/Chief Executive Officer of FCCPC, Mr Babtunde Irukera, while speaking at a collaborative engagement with journalists on Thursday in Lagos.

Irukera said that he considered the development a potential threat to key national interest, adding that once Google uses its play store as a platform for that kind of app to operate, there is a problem.

 

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