Federal Govt Summons Multichoice Nigeria Over Planned Subscription Rate Hike

Date: 26-02-2025 5:54 am (2 months ago) | Author: kacy lee
- at 26-02-2025 05:54 AM (2 months ago)
(f)

The Federal Competition and Consumer Protection Commission (FCCPC) has summoned MultiChoice Nigeria to justify its proposed subscription price increase, set to take effect on March 1, 2025. The FCCPC has directed the Chief Executive Officer of MultiChoice Nigeria to attend an investigative hearing at the commission's headquarters on Thursday, February 27, 2025. This action follows MultiChoice's formal notification of the price adjustment, which has raised concerns about recurrent unilateral price hikes, potential market dominance abuse, and perceived anti-competitive practices in the pay-television industry.


The FCCPC is deeply concerned that Nigerian consumers continue to face frequent price increases, amid accusations that MultiChoice applies different pricing strategies in other markets, heightening questions about fairness and market abuse. The commission has stated that should MultiChoice fail to provide satisfactory explanations or be found in violation of fair market principles, it will have no other option than to impose regulatory penalties, sanctions, or other corrective measures to protect Nigerian consumers. The FCCPC is also engaging the sector regulator and other relevant agencies to ensure fair competition and consumer protection within Nigeria's broadcasting and digital subscription landscape.


On February 24, 2025, MultiChoice announced a proposed price increase for its services, set to take effect from March 1. In a statement titled "Price adjustments for DStv and GOtv packages," MultiChoice informed its customers of the upcoming changes, stating that the adjustment is necessary to continue offering world-class homegrown and international content delivered through the best technology.

Details later.


Posted: at 26-02-2025 05:54 AM (2 months ago) | Addicted Hero
- fineboy77 at 26-02-2025 08:02 AM (2 months ago)
Online (m)
E reach to summon dem o because the hike is too steep

Posted: at 26-02-2025 08:02 AM (2 months ago) | Addicted Hero
Reply
- kp45 at 26-02-2025 08:08 AM (2 months ago)
(m)
Hissing continues..... At the end nothing will still happen rather it might be postpone. This country is confuse and not serious. They don't know their purpose.
Posted: at 26-02-2025 08:08 AM (2 months ago) | Addicted Hero
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- Dopybadass at 26-02-2025 10:08 AM (2 months ago)
Online (m)
Failed government of nigeria should also summon Empty Hen and Airtel for thier unecessary increase of data tarrifs, like wtf, do you know how much i spend now on data, e no go better for una, I keep saying this  Sad
Posted: at 26-02-2025 10:08 AM (2 months ago) | Hero
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- gogoman at 26-02-2025 02:42 PM (2 months ago)
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 Roll Eyes Roll Eyes Roll Eyes
Posted: at 26-02-2025 02:42 PM (2 months ago) | Grande Master
Reply

fire TRENDING GISTS fire

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