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    Home»News»Price Hike: FCCPC Summons MultiChoice, May Impose Penalties, Sanctions, To Protect Consumers
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    Price Hike: FCCPC Summons MultiChoice, May Impose Penalties, Sanctions, To Protect Consumers

    HumsiBy HumsiFebruary 25, 2025No Comments2 Mins Read
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    By Miriam Humbe

    The Federal Competition and Consumer Protection Commission (FCCPC) has summoned MultiChoice Nigeria to explain its proposed subscription price increase, set to take effect on March 1, 2025.

    Ondaje Ijagwu the FCCPC’s Director, Corporate Affairs disclosed this in a statement signed on Tuesday.

    Exercising its mandate under Sections 32 and 33 of the FCCPA, the FCCPC directed the Chief Executive Officer of MultiChoice Nigeria to attend an investigative hearing at the Commission’s headquarters on Thursday, February 27, 2025.

    Here’s a full text of the statement:

    “This action follows MultiChoice’s formal notification of the price adjustment, which raises concerns about recurrent unilateral price hikes, potential market dominance abuse, and perceived anti-competitive practices in the pay-TV 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.

    “Should MultiChoice fail to provide satisfactory explanations or be found in violation of fair market principles, the FCCPC will be left left with no other option than to impose regulatory penalties, sanctions, or other corrective measures to protect Nigerian consumers.

    “Furthermore, the FCCPC is engaging the sector regulator and other relevant agencies to ensure fair competition and consumer protection within Nigeria’s broadcasting and digital subscription landscape.”

    FCCPC MultiChoice Nigeria Price Hike Subscription
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