In recent times, the Federal Competition and Consumer Protection Commission (FCCPC) has taken a series of aggressive regulatory actions that can only be described as behaving like a bull in a China shop.
In recent times, the Federal Competition and Consumer Protection Commission has taken a series of aggressive regulatory actions that can only be described as behaving like a bull in a China shop. The latest in this string of actions is the final order issued against Coca-Cola Nigeria and the Nigerian Bottling Company for alleged misleading trade descriptions igniting an unnecessary media frenzy.
Investors seek stability and predictability, and an overly aggressive regulatory environment creates uncertainty and risk which can be a disincentive, deterring potential investors and harming Nigeria's reputation as a viable investment destination. The media plays a critical role in shaping public perception and opinion. However, sensationalism can distort the reality of a situation and exacerbate tensions.
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WhatsApp could leave Nigeria over FCCPC demands, $220m fineWhatsApp could leave Nigeria due to the $220 million fine it got from the Federal Competition and Consumer Protection Commission (FCCPC)
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FCCPC accuses Coca-Cola of secretly swapping sugar for artificial sweetenersThe Federal Competition and Consumer Protection Commission (FCCPC) has accused Coca-Cola Nigeria Limited and Nigerian Bottling Company
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FCCPC warns Coca-Cola over 'misleading products labelling, unfair marketing tactics'The Federal Competition and Consumer Protection Commission (FCCPC) has warned Coca-Cola Nigeria Limited (Coca-Cola) over misleading trade descriptions.
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FCCPC rebutes Coca-Cola, NBC for marketing rule violationsThe Federal Competition and Consumer Protection Commission (FCCPC) has issued a final order against Coca-Cola Nigeria Limited
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FCCPC accuses Coca-Cola of deceiving Nigerians about product descriptionNigeria's Federal Competition and Consumer Protection Commission, FCCPC, has indicted Coca-Cola Nigeria Limited and Nigerian Bottling Company for alleged misleading trade descriptions and unfair marketing tactics in their products, using 'Original Taste, less Sugar'. FCCPC disclosed this in a statement released to DAILY POST on Thursday.
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$220m: FCCPC replies WhatsApp over Nigeria exit threatThe Federal Competition and Consumer Protection Commission has described Meta’s threat to exit Nigeria in response to the $220m fine as a move to influence public opinion and coerce the commission to rescind its decision. FCCPC reiterated that the fine against Meta Platforms Inc.
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