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GAZETTE NOTICE NO. 8589

GAZETTE NOTICE NO. 8589

THE COMPETITION ACT

(No. 12 of 2010)

SETTLEMENT


IT IS notified for general information pursuant to section 39 of the Competition Act, (“the Act”), that in exercise of the powers conferred by section 38 of the Act, the Competition Authority (“the Authority”) has entered into a Settlement Agreement with Energy Dealers Association (“the Association”) after the Authority finalized investigations of alleged engagement in certain Restrictive Trade Practices. Specifically, the Association was found to have advocated for enactment of Energy Dealers Association Rules, 2019 with the objective inter alia of recommending a pricing formulae to its members. This contravenes the provisions of sections 21 and 22 of the Act. 3708 3708 Under the settlement agreement— (a) the Association paid a financial settlement amount of Kenya Shillings Four Hundred and Eight Thousand (KSh. 408,000.00); and (b) further, gave a written undertaking to desist from any anticompetitive conduct and shall also put in place a competition compliance program to sensitize its members and their staff on competition Act. Dated the 26th July, 2021. WANG’OMBE KARIUKI, MR/1801509 Director-General.

Dated the 26th July, 2021.

Extracted Entities (1)

previous_gazette_ref

8589

Details

Act / Legislation
THE COMPETITION ACT
Reference
No. 12 of 2010
Section
section 39
Date Signed
26th July 2021
Page
83
Extraction Method
regex