The Federal Competition and Consumer Protection Commission (FCCPC) has directed MultiChoice Nigeria to maintain its current subscription prices while the commission investigates the company’s proposed price hike.
This move comes after MultiChoice Nigeria requested an extension to appear before the commission.
The FCCPC has expressed concerns over potential market dominance abuse and anti-competitive practices.
The commission has mandated MultiChoice Nigeria’s CEO to attend an investigative hearing on March 6, 2025, with all relevant officers and a comprehensive response.
Maintaining the current pricing is necessary to prevent potential consumer harm during the investigation period.
The FCCPC warned that failure to provide satisfactory explanations could lead to regulatory penalties, sanctions, or other corrective measures to protect Nigerian consumers.
MultiChoice Nigeria had announced a new pricing structure for DStv and GOtv, citing increased operational costs.
The price adjustments were set to take effect on March 1, 2025, but have now been put on hold pending the investigation’s outcome.
