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Kenya: Regulator offers amnesty on cartels

By  |  March 26, 2019

The Competition Authority of Kenya (CAK) is offering penalty waivers to firms that self-report cartel behaviour to the agency and provide evidence against other members.

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    The offer is contained in the regulator’s new leniency programme, which is offering full or partial immunity to entities engaging in restrictive trade practices, cartel-like behaviour and abuse of dominance. Through the programme, the authority is seeking a different approach to root out collusion across various sectors of the economy.

    Companies willing to work with the authority are expected “to provide direct evidence and pro-actively cooperate in bringing successful enforcement action in return of full or partial immunity”, says CAK.

    Full Content: Business Daily Africa

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