FCCPC Directs Multichoice To Maintain Existing Price Structure Pending Investigation Archives - Business Today NG https://businesstodayng.com/tag/fccpc-directs-multichoice-to-maintain-existing-price-structure-pending-investigation/ The Hub of News Reporting Fri, 28 Feb 2025 05:48:12 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 FCCPC Directs Multichoice To Maintain Existing Price Structure Pending Investigation https://businesstodayng.com/fccpc-directs-multichoice-to-maintain-existing-price-structure-pending-investigation/ Fri, 28 Feb 2025 05:48:12 +0000 https://businesstodayng.com/?p=47820 The Federal Competition and Consumer Protection Commission (FCCPC) has directed MultiChoice Nigeria to maintain its current subscription prices until the ongoing investigation into its proposed price hike is concluded. According to statement by Ondaje ljagwu director Corporate Affairs, that this directive follows MultiChoice Nigeria’s request for an extension regarding its scheduled appearance before the Commission. […]

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]]> The Federal Competition and Consumer Protection Commission (FCCPC) has directed MultiChoice Nigeria to maintain its current subscription prices until the ongoing investigation into its proposed price hike is concluded.

According to statement by Ondaje ljagwu director Corporate Affairs, that this directive follows MultiChoice Nigeria’s request for an extension regarding its scheduled appearance before the Commission.
The statement added that 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.

The statement added that in “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.

It added that “Maintaining the status quo on pricing is essential to prevent any potential consumer harm during this period.

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