Watchdog punishes Unilever Kenya for unfair trade deals

BDUnilever2

Unilever Canada sign as seen on their head office building in Toronto. PHOTO | POOL 

The Competition Authority of Kenya (CAK) has punished consumer giant Unilever Kenya for revising payment terms with tens of its suppliers after a probe revealed the firm exploited smaller traders.

The competition watchdog in findings, which will be made public this week, has ruled that the consumer giant abused its buyer power, according to three people familiar with the ruling.

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