FG summoned multiple pieces on the price of DSTV and GOTV packages.
Nigeria News Nalin It is reported that the Federal Competition and Consumer Protection Commission (FCCPC) has convened Nigeria multi-level Nigeria to explain its planned subscription price increase, which is scheduled to take effect on March 1, 2025.
The regulator has scheduled an investigation hearing at Multichoice Nigeria at its headquarters on February 27, 2025, for concerns over rising revolving prices and potential market abuse.
According to the FCCPC, the frequent unilateral price adjustments of Multichoice raise questions about fair market practices, especially because the company reportedly uses different pricing models in other countries.
In making the decision, the Commission invoked Sections 32 and 33 of the FCCPA, which gave it the ability to investigate and resolve anti-competitive behavior.
The FCCPC warns that if multiple quarters fail to provide satisfactory reasons for their pricing decisions, or commit unfair market practices, regulatory fines, sanctions or corrective measures to protect Nigerian consumers.
In addition, the commission said it is working with industry regulators and other agencies to ensure a competitive and equitable digital broadcasting market in Nigeria.
With multi-level challenges facing consumer dissatisfaction with pricing strategies, the results of this hearing could impact future regulatory interventions in the pay-TV industry.
