Carrefour's UAE-based operator to appeal Competition Authority's Sh1.1 billion penalty on franchise

A man walks past Carrefour's signage at the Junction Mall, Nairobi, on August 3, 2021. [Elvis Ogina, Standard]

Majid Al Futtaim, the UAE-based retail operator of Carrefour stores in Kenya, says it will appeal the Sh1.1 billion fine that the Competition Authority of Kenya (CAK) imposed on the franchise for abusing buyer power over two suppliers.

The CAK penalised the French retail chain on Tuesday for exploiting its influence over Pwani Oil Products Limited and Woodlands Company Limited.