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Kaplan & Stratton

Competition Authority penalises firms for cartel conduct

On Wednesday, 23 August 2023, the Competition Authority of Kenya (the Authority) announced its verdict, imposing sanctions and penalties on nine (9) steel manufacturers for engaging in the practice of price fixing and output restriction. The penalty, amounting to KES 338,..

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Zambia: Airtel Money and Farm Depot fined for anti-competitive business practices

The Board of Commissioners of the Zambian Competition and Consumer Protection Commission (CCPC) has fined Airtel Money, a mobile money service provider, and Avian Ventures Ltd, an agro-retail business trading as Farm Depot Zambia, 3% of their ..

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Werksmans Attorneys

Tsunami of a Penalty as “Lucky Monopolist” gets Unlucky

In a rare display of its utmost displeasure, the Competition Tribunal this year imposed the maximum penalty for first time offenders of the Competition Act [1] on Tsutsumani Business Enterprise CC, being 10% of its to..

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Competition and Consumer Protection Commission levies maximum penalties for anti-competitive trade practices in the cement industry

Zambia’s Competition and Consumer Protection Commission (Commission) has fined Lafarge Zambia plc (Lafarge) and Mpande Limestone Ltd (Mpande) 10% of their annual turnovers in 2019 and 2020, following findings that these c..

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Webber Wentzel

COMESA issues first-ever merger-related fine - the time for soft enforcement is over

On 6 September 2021, the COMESA Competition Commission (CCC) issued its first fine for failure to notify a transaction to the CCC within the prescribed time period under Article 24 (1) of the COMESA Competition Regulations of 2004 (Regulations). The fine was imposed in re..

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