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When assets transfer constitutes a merger
The rule is that if the merging parties’ combined turnover/assets is over Sh1bn, you need CAK’s approval before implementing the transaction. PHOTO | SHUTTERSTOCK
Broadly put, the goal of competition law and competition regulation is to promote fair competition in a market, to facilitate economic growth and to protect the interests of the ultimate consumers in a market.
Competition regulators are mandated with the responsibility of promoting fair play in their specific markets. For instance, in Kenya, the Competition Authority of Kenya (CAK) regulates competition, while the Comesa Competition Commission (CCC) regulates competition in the common market (region) including in Kenya.
