The Federal Competition and Consumer Protection Commission (FCCPC) has directed MultiChoice Nigeria to keep its current subscription prices. This order will remain in effect until the investigation into the proposed price increase is complete. The FCCPC is examining potential market dominance abuse.
MultiChoice requested an extension for its appearance before the Commission, which was approved. The company must now attend a rescheduled hearing on March 6, 2025. All relevant officers must be present with a full response.
Ongoing Price Concerns
The FCCPC is worried about frequent price hikes by MultiChoice. These increases raise questions about unfair practices. MultiChoice’s different pricing in other markets adds to these concerns. The Commission wants to ensure fair market practices and protect consumers. MultiChoice must maintain its prices as of February 27, 2025, until they makes a final decision. Failure to comply could result in penalties.