Business
FCCPC Orders MultiChoice To Suspend Subscription Hike
By Benjamin Abioye
The Federal Competition and Consumer Protection Commission (FCCPC) has ordered MultiChoice, the company behind DStv and GOtv, to suspend its planned subscription price increase until an investigation is completed.
The FCCPC had earlier summoned MultiChoice to explain why it decided to raise the price of its pay-TV services. Officials expressed concerns that the price hike might be an abuse of market power and could lead to unfair competition.
In a statement on Thursday, the FCCPC said the decision to pause the price increase was aimed at protecting consumers while the investigation continues.
The statement read: “Nigeria to maintain its current subscription prices until the ongoing investigation into its proposed price hike is concluded.
“This directive follows MultiChoice Nigeria’s request for an extension regarding its scheduled appearance before the Commission.
“While the FCCPC has granted the request, the company is now required to attend the rescheduled investigative hearing on March 6, 2025, along with all relevant officers and a comprehensive response.
“Pursuant to this, MultiChoice is expressly instructed to maintain the existing price structure as of February 27, 2025, pending the Commission’s review and final determination on the matter.
“Maintaining the status quo on pricing is essential to prevent any potential consumer harm during this period.
“Further updates will be provided as the investigation progresses,” the FCCPC said in the statement addressing the MultiChoice subscription price hike.
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