{"id":357033,"date":"2025-02-25T18:51:50","date_gmt":"2025-02-25T17:51:50","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=357033"},"modified":"2025-02-25T18:51:50","modified_gmt":"2025-02-25T17:51:50","slug":"fg-summons-multichoice-over-price-hike","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2025\/02\/25\/fg-summons-multichoice-over-price-hike\/","title":{"rendered":"FG summons MultiChoice over price hike"},"content":{"rendered":"<ul>\n<li><strong><strong>Expressed concerns over the recurrent price hikes in Nigeria\u2019s pay-TV industry<\/strong><\/strong><br \/>\n<hr \/>\n<\/li>\n<\/ul>\n<p>The Federal Competition and Consumer Protection Commission (FCCPC) has summoned MultiChoice Nigeria to explain its planned subscription price increase, scheduled to take effect on March 1, 2025.<\/p>\n<p>In a statement signed by Ondaje Ijagwu, FCCPC\u2019s Director of Corporate Affairs, the commission expressed concerns over the recurrent price hikes in Nigeria\u2019s pay-TV industry, warning against possible anti-competitive practices and market exploitation.<\/p>\n<p>According to the statement, the commission has invited MultiChoice\u2019s Chief Executive Officer for an investigative hearing on February 27, 2025, at its headquarters. The FCCPC\u2019s action follows consumer complaints regarding unilateral price adjustments, a trend that raises questions about fair pricing and market dominance.<\/p>\n<p>The statement reads: \u201cThe FCCPC remains committed to ensuring that businesses operate fairly and in line with Nigeria\u2019s consumer protection laws.<\/p>\n<p>\u201cIf MultiChoice fails to provide a satisfactory justification for its pricing strategy or is found in violation of fair competition principles, the Commission will take necessary enforcement actions, including sanctions and corrective measures.\u201d<\/p>\n<p>The commission also emphasised that it is working closely with the sector regulator and other relevant agencies to promote fair competition in Nigeria\u2019s broadcasting and digital subscription industry.<\/p>\n<p>FCCPC reassured Nigerian consumers that it will continue to push for transparency, accountability and fair market practices in the sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Expressed concerns over the recurrent price hikes in Nigeria\u2019s pay-TV industry The Federal Competition and Consumer Protection Commission (FCCPC) has summoned MultiChoice Nigeria to explain its planned subscription price increase, scheduled to take effect on March 1, 2025. In a statement signed by Ondaje Ijagwu, FCCPC\u2019s Director of Corporate Affairs, the commission expressed concerns over [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":208,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"2","single_blog_custom":"211693","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"1","post_reading_time_wpm":"300","show_zoom_button":"1","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"0","show_prev_next_post":"0","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored 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