The Federal Competition and Consumer Protection Commission (FCCPC) have summoned MultiChoice, over the planned increase in GOTV and DSTV subscription prices.
Multichoice on Monday announced plans to again increase the subscription fee by 21% with its Compact package, rising from ₦15,700 to ₦19,000, effective March 1, 2025.
The increase comes nearly a year after the last price review.
Reacting in a statement on Tuesday, FCCPC disclosed that Multichoice is billed to attend an investigative hearing at its headquarters on Thursday, February 27, 2025.
The commission, through its Director, Corporate Affairs, Ondaje Ijagwu, expresses concern at the rate Nigerian consumers continue to face frequent price increases.
The agency further highlighted the issues related to ongoing unilateral price hikes, potential abuse of market dominance, and perceived anti-competitive practices within the pay TV industry.
Ijagwu stated that the summons exercised the powers of the FCCPC, as outlined in sections 32 and 33 of its founding legislation.
The statement also mentioned that if Multichoice fails to provide satisfactory justifications for its actions or is found to be violating fair market principles, the FCCPC will impose regulatory penalties, sanctions, or other corrective measures to protect Nigerian consumers.
