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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.

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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