BUSINESS
COURT UPHOLDS FCCPC’S POWERS TO PROBE AIRLINE TICKET PRICING
A Federal High Court has upheld the powers of the Federal Competition and Consumer Protection Commission (FCCPC) to investigate alleged exploitative pricing and anti-competitive practices by airlines operating in Nigeria.
The ruling came in a case filed by some airline operators challenging the FCCPC’s authority to probe their ticket pricing mechanisms. The court dismissed the suit, affirming that the commission has the legal mandate to protect consumers and ensure fair competition in the aviation sector.
FCCPC officials welcomed the judgment, stating that it would enable the commission to continue its investigations into consumer complaints about high airfares and ensure transparency in the industry.
Airline operators have expressed disappointment but indicated they would comply with the ruling while exploring further legal options.
The decision is seen as a significant boost to consumer protection efforts in the aviation sector.