The Federal Competition and Consumer Protection Commission (FCCPC) has summoned MultiChoice Nigeria to justify its planned subscription price increase, set to take effect on March 1, 2025.
Exercising its authority under Sections 32 and 33 of the FCCPA, the FCCPC has directed MultiChoice Nigeria's Chief Executive Officer to appear for an investigative hearing at its headquarters on Thursday, February 27, 2025.
In a statement signed by Ondaje Ijagwu, Director of Corporate Affairs, the commission expressed concerns over repeated price hikes, potential market dominance abuse, and anti-competitive practices in the pay-TV industry.
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"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, raising questions about fairness and market abuse," the statement read.
The commission warned that failure to provide a satisfactory explanation or a finding of unfair market practices could result in regulatory penalties, sanctions, or other corrective measures to protect consumers.
The FCCPC also stated that it is working with the sector regulator and other relevant agencies to ensure fair competition and consumer protection in Nigeria's broadcasting and digital subscription industry.
