By Joshua Omoniyi
In a move that will bring relief to millions of Nigerians, the Federal Competition and Consumer Protection Commission (FCCPC) has directed MultiChoice Nigeria to maintain its current subscription prices until an ongoing investigation into its proposed price hike is concluded ¹.
This development comes after MultiChoice Nigeria requested an extension to appear before the Commission, which was granted. However, the company must now attend a rescheduled investigative hearing on March 6, 2025, with all relevant officers and a comprehensive response detailing its pricing structure and justifications for the proposed increase.
The FCCPC's decision is a response to complaints from consumers about frequent subscription hikes without sufficient justification or regulatory approval. The commission will thoroughly assess MultiChoice's pricing model, market behavior, and adherence to Nigeria's competition laws before reaching a final decision.
For Nigerians who subscribe to MultiChoice's services, including DSTV and GOtv, this means that they will not have to pay the increased prices that were set to take effect on March 1, 2025. The FCCPC has assured consumers that further updates will be provided as the investigation progresses, reaffirming its dedication to ensuring fair pricing and market transparency.
This development is a significant win for Nigerian consumers, who have been bearing the brunt of frequent price hikes in the pay-TV industry. The FCCPC's intervention is a testament to its commitment to protecting consumers from exploitative practices and promoting fair competition in the market.
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