In a landmark ruling on Friday, June 7th 2024, the Competition and Consumer Protection Tribunal, led by Justice Thomas Okosu, has imposed a N150 million fine on Multichoice Nigeria. The tribunal, which consisted of a three-member panel, also mandated that Multichoice offer a one-month free subscription on its DStv and GOtv platforms to its customers.
The case originated from a lawsuit filed by lawyer Festus Onifade, who contested Multichoice’s decision to increase subscription rates effective from May 1, 2024. Initially, the tribunal had issued a restraining order to prevent the implementation of the price hike while the motion was under review.
Multichoice, however, disputed the tribunal’s jurisdiction over the matter, which led to further legal deliberations. Despite their challenge, the tribunal upheld its authority and delivered the ruling on Friday, bringing temporary relief to DStv and GOtv subscribers in Nigeria.
A total sum of N77.5 million in prize money was won at the end of…
Dubai Racing Club has announced Zoho as an exclusive technology partner. NewsOnline Nigeria reports…
CAC has deleted 80,000 top companies from the database. NewsOnline Nigeria reports that the…
Bode George has warned Atiku Abubakar against contesting the 2027 Presidency. NewsOnline Nigeria reports…
The black market dollar to Naira exchange rate on Friday 22 November 2024 can be…
ACF Chairman has been suspended for blasting President Tinubu's hardship policies. NewsOnline Nigeria reports…