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Home Business & Finance Business

FCCPC summons MultiChoice Nigeria over planned subscription price hike

Quadri Olaitan by Quadri Olaitan
February 26, 2025
in Business
0
FCCPC summons MultiChoice over price hike

FCCPC summons MultiChoice Nigeria over its proposed subscription price increase, raising concerns about market dominance and consumer rights

 

[dropcap]T[/dropcap]he Federal Competition and Consumer Protection Commission (FCCPC) has summoned MultiChoice Nigeria to explain its planned subscription price increase, set to take effect from 1st March 2025.

Also read: MultiChoice Nigeria raises DStv compact price by 21% amid subscriber backlash

In an official statement, the FCCPC exercised its authority under Sections 32 and 33 of the Federal Competition and Consumer Protection Act (FCCPA), directing the Chief Executive Officer of MultiChoice Nigeria to appear for an investigative hearing at the Commission’s headquarters on Thursday, 27th February 2025.

The move follows MultiChoice’s formal notification of the upcoming price adjustment, which has sparked concerns over recurring unilateral price hikes, possible abuse of market dominance, and perceived anti-competitive practices within the pay-TV industry.

The FCCPC expressed worry that Nigerian consumers continue to endure frequent cost increases, amid allegations that MultiChoice applies different pricing strategies in other markets. This has led to growing questions about fairness and potential market exploitation.

“If MultiChoice fails to provide satisfactory explanations or is found guilty of violating fair market principles, the FCCPC will have no choice but to impose regulatory penalties, sanctions, or other corrective measures to safeguard Nigerian consumers,” the Commission warned.

Also read: MultiChoice faces subscriber decline amid changing market dynamics

In addition, the FCCPC is collaborating with sector regulators and other relevant agencies to ensure fair competition and enhanced consumer protection within Nigeria’s broadcasting and digital subscription landscape.

Quadri Olaitan
Quadri Olaitan

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