Watchdog probes steel companies over price-fixing
CAK said they received information there were informal pricing arrangements in the sector and launched countrywide raids.
Source: businessdailyafrica.com
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Paint firms lose bid to block new taxes on raw materials
The High Court has dismissed a petition by manufacturers to quash new taxes imposed by the government on raw materials used in the production of paints.
Source: businessdailyafrica.com
Ten companies penalised over competition offences
More than 10 companies have been penalised by the Competition Authority of Kenya (CAK) in less than two years for various offences.
Source: businessdailyafrica.com
A win for consumer rights
A win for consumer rights Friday February 26 2021 By BUSINESS DAILY These practices are not just limited to paint products. Every day, consumers have to contend with companies and traders who resort to unethical practices to rob them. The competition watchdog should extend its clampdown to other industries. It should be empowered more and given sufficient resources to widen its reach. The Competition Authority of Kenya (CAK) has demonstrated commitment to consumer protection by calling out leading paint manufacturers for price fixing. The competition watchdog revealed to Parliament that Crown...
Source: businessdailyafrica.com