How is competition regulated in Kenya?
The Competition Act No.
It establishes the Competition Authority of Kenya as the regulatory body responsible for addressing competition law issues.
The Act prohibits anti-competitive agreements, abuse of dominant position, and mergers and acquisitions that may substantially prevent or lessen competition.Jun 8, 2023.
What is the Competition Act 12 of 2010 in Kenya?
No.
12 of 2010.
The Competition Authority Kenya is mandated to promote and safeguard competition in the national economy and protect consumers from unfair and misleading market conduct..
What is the Competition Act of Kenya 2010?
12 of 2010 (the Act).
The Authority's mandate is to enforce the Act with the objective of enhancing the welfare of the people of Kenya by promoting and protecting effective competition in markets and preventing misleading market conduct throughout Kenya..
What is the Competition Authority of Kenya Act?
The Authority's mandate is to enforce the Act with the objective of enhancing the welfare of the people of Kenya by promoting and protecting effective competition in markets and preventing misleading market conduct throughout Kenya..
What is the competition law in Kenya?
Under Kenyan competition law a firm can be liable for a penalty for engaging in restrictive practices, abuse of dominance, abuse of buyer power, and conduct that violates consumer welfare..
What is the Kenyan competition law?
Under Kenyan competition law a firm can be liable for a penalty for engaging in restrictive practices, abuse of dominance, abuse of buyer power, and conduct that violates consumer welfare..
What is the unfair competition law in Kenya?
Antitrust law condemns conduct that restrains trade, with the objective of protecting competition in the marketplace.
In Kenya, antitrust law is contained under the Competition Act, No. 12 of 2010, which prohibits anti-competitive practices that may have an adverse effect on competition, including predatory practices.Mar 12, 2023.
- The Competition Amendment Act, which came into force on 31 December 2019, amends the Competition Act, 2010, to create a more robust framework for the regulation, monitoring, assessment, and review of abuse of buyer power.
