×
The Standard e-Paper
Smart Minds Choose Us
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
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.
 |
| One of Tuskys outlets. The supermarket chain and rival Ukwala have both been fined Sh5 million for anticompetitive trade practices. [Photo: File] |
Kenya: Competition Authority of Kenya (CAK) has cracked the whip and fined retail chains Tuskys and Ukwala Sh5.3 million for engaging in what it said were unfair trade practices.
According to the authority, the two firms colluded in setting retail prices of items in their supermarkets in a manner that undermined fair competition in the retail sector.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join