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The Standard Group Plc is a
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print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
A regional competition watchdog has stepped up its probe on a Kenyan-based unit of Japanese multinational Toyota Group for allegedly engaging in anti-competitive conduct causing high vehicle and spare part prices in its African market including locally.
The Common Market for Eastern and Southern Africa (Comesa) Competition Commission said raised concerns that Toyota Tsusho Corporation "may be prohibiting out-of-territory passive sales to the detriment of consumers and may also be maintaining high prices of brand-new vehicles and spare parts in the Comesa Region."
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