The Federal Competition and Consumer Protection Commission (FCCPC) has instituted a legal action against MultiChoice Nigeria Ltd., and its Chief Executive Officer, Mr John Ugbe, for violating regulatory directives.
In a statement yesterday, it revealed that the company was also charged for obstructing an ongoing inquiry and engaging in conduct that the Federal Competition and Consumer Protection Act (FCCPA) 2018.
The commission, however, said it had directed MultiChoice Nigeria on February 27, to maintain its pricing structure for DStv and GOtv pending the conclusion of an examination of its proposed price hike, which it defied.
The FCCPC described MultiChoice’s actions as a deliberate and calculated attempt to undermine regulatory authority, disrupt market fairness, and deny consumers the protection afforded under the law.
READ ANOTHER STORY HERE https://classic94.fm/fec-approves-n10-3bn-for-various-healthcare-projects/