Listeners:
Top listeners:
104.9FM Best rock music demo
Demo Radio Nr.1 For New Music And All The Hits!
Demo Radio Techno Top Music Radio
Police Commissioner Launches Weapon and Riot Control Training for FCT Officers Democracy Radio
Oluwakemi Kindness
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.
The summon is in exercise of 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 slated for Thursday, February 27, 2025.
According to a statement on Tuesday, 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.
In the statement by its Director, Corporate Affairs, Ondaje Ijagwu, 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 stated notes that should MultiChoice fail to provide satisfactory explanations or be found in violation of fair market principles, the FCCPC will be 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.
Written by: Democracy Radio
Copyright Democracy Radio -2024