News

FCCPC begins investigation of Pay TV service providers

The Federal Competition and Consumer Protection Commission (FCCPC), says it has begun an investigation into the conduct of dominant Pay-TV service providers over unfair price increases.

A statement by Mr. Babatunde Irukera, the Chief Executive Officer of FCCPC in Abuja on Tuesday said the move was to address the commission’s concerns and publicly expressed consumer dissatisfaction with Pay TV services.

He said the investigation was in pursuant to sections 17(b), (e), (g), (s),(x) (y), 18(3), 59, 61, 62, 69,70(1)(2), 72, 73,74, 108,109 and110 of the Federal Competition and Consumer Protection Act (FCCPA).

Irukera said that the scope of the investigation would include questions about unfair dealings, unreasonable and unjust contract terms, abuse of market power, pricing practices and other illegal conduct.

He disclosed that the commission had over the past 24 months pursued legal action in court, secured an injunction preempting price increase, entered specific orders regarding a TV service provider.

The chief executive officer also noted that the commission had engaged in periodic surveillance and monitoring, and more recently inquired into a purported tax increase by at least one provider.

Irukera assured consumers that the commission would continue to pursue initiatives and efforts that would promote and ensure fairness to all.

Adewale Nurudeen

Recent Posts

US authorities slam Air Peace boss, Onyema, with fresh fraud charges

The Chief Executive Officer of Air Peace, Allen Onyema, has been hit with new charges…

2 years ago

Report: NUPRC has not approved $1.3bn Shell Renaissance deal

  Contrary to reports in a section of the media that the Nigerian Upstream Petroleum…

2 years ago

There’s a plan to derail Tinubu’s petroleum industry revolution

Tajudeen Suleiman It was a pleasant shock for me to read the National Bureau of…

2 years ago

NNPCL’s acquisition of OVH: Reps member, Miriam Onuoha, slams Atiku, says oil and gas sector should not be politicised

  A member of the House of Representatives, representing Isiala Mbano / Onuimo / Okigwe…

2 years ago

Fidelity Bank affirms commitment to data protection, strong corporate governance

  Leading financial institution in Nigeria, Fidelity Bank Plc, has assured its customers of unwavering…

2 years ago

NGX rates Fidelity Bank highest on corporate governance

  Fidelity Bank Plc complies with the highest corporate governance standards as the leading commercial…

2 years ago

This website uses cookies.