Court faults FCCPC’s DStv price probe, says MultiChoice denied fair hearing
Image Credit: techpoint- The Federal High Court in Abuja dismissed MultiChoice Nigeria’s lawsuit against the Federal Competition and Consumer Protection Commission (FCCPC) regarding its subscription price hike intervention.
- The court ruled that FCCPC lacks the authority to fix or suspend prices without presidential delegation and noted that Nigeria operates a free market system.
- Justice Omotosho stated that FCCPC’s actions breached MultiChoice’s right to a fair hearing and dismissed claims of MultiChoice’s dominant market position.
- The ruling warns against regulatory overreach and highlights the importance of balancing consumer protection with corporate autonomy in Nigeria’s economy.
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