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Kenya: Businesses warned with prison for cartel schemes

By  |  May 13, 2014

The Competition Authority of Kenya is cracking down on corporate collusion as the regulator is warning businesses that executives could face time in prison for participating in anticompetitive cartels.

according to reports, the authority announced Monday that it has launched probes into allegations of dominance abuse and other anticompetitive behavior, warning merchants that they face fines and other sanctions if they are found to be connected to such behavior.

Reports say the regulator confirmed investigations in the banking, cement, healthcare, shipping, transport and other industries.

Full content: Standard Media

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