Justice James Kolawole Omotosho of the Federal High Court in Abuja will deliver judgment on May 8 in a case by MultiChoice Nigeria against the Federal Competition and Consumer Protection Commission (FCCPC). This legal battle centres on MultiChoice’s challenge to FCCPC’s authority over pricing decisions, following price hikes for DStv and GOtv services.
During the court hearing, MultiChoice argued through attorney Moyosore Onigbanjo SAN that the FCCPC Act doesn’t permit price regulation, claiming that price control is a prerogative of market forces, not government mandates. Meanwhile, the FCCPC maintained its position on evaluating potentially exploitative pricing, especially from dominant market players like MultiChoice.
Key Takeaways:
- MultiChoice challenges FCCPC‘s authority in price regulation.
- FCCPC seeks to ensure consumer protection against exploitative pricing.
- The court’s decision on May 8 will impact the regulatory landscape.
For more updates on this important Nigeria news in the legal sphere, visit the [original source](Add Original Source Link Here). What impact do you think the outcome of this case will have on consumer protection laws in Nigeria? Share your thoughts!
