Competitions authority urges higher fines on underhand deals

CAK director-general Wang'ombe Kariuki. FILE PHOTO | NMG

The outgoing Competition Authority of Kenya’s director general has asked legislators and his successor to consider increasing the financial penalties for companies and businesses engaging in commercial malpractices.

Mr Wang'ombe Kariuki said although fines in place are in line with global standards, they need to be improved by charging repeat offenders more.

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