The Competition and Consumer Protection (CCPC) Tribunal
sitting in Abuja has ordered MultiChoice Nigeria Limited to pay N25 million
fine for violating a restraining order.
Multichoice is the owner of the satellite television
services, DStv and GOtv — popular subscription-based platforms in Nigeria.
In a ruling on Thursday, a three-member panel of the
tribunal, headed by Thomas Okosun, held the company breached the order of March
30 and liable to pay the penalty.
“The 1st defendant (MultiChoice) is in contempt of this
tribunal,” Okosun said.
“So we have reviewed
the position of Section 51(3) of FCCPC Act, 2018 and in compliance with the
provision of Subsection 2 of the same Section 51, we hereby order the 1st
defendant, MultiChoice Nigeria Ltd, to pay the sum of N25 million only as an
administrative penalty for contempt of this honourable tribunal.”
More to follow…
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