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Kenyan Watchdog To Reward Informants In Antitrust Probes

 |  January 21, 2021

The Competition Authority of Kenya (CAK) is seeking to reward individuals or entities with information regarding anti-competitive behaviour in the market with the operationalization of the Informant Reward Scheme.

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    Under the scheme, CAK will provide a mechanism and framework for informants to receive financial incentives in exchange for actionable information in the course of its investigations.

    CAK says, an informant who provides credible intelligence leading to closure of an investigation through penalization, is entitled to up to 1% of the administrative penalty imposed by the Authority.

    CAK Director General Wang‘ombe Kariuki has said the scheme is targeting persons with credible intelligence regarding restrictive trade practices, mainly cartel-like conduct.

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