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GAZETTE NOTICE NO. 464

THE COMPETITION ACT

(No.12 of 2010)

SETTLEMENT

IT IS notified for general information and pursuant to section 39 of the Competition Apt, 2010 ("the Act"), that in exercise of the powers conferred by section 70A, the Authority initiated investigations against Bakhresa Food Products Limited ("the Company"), the Competition Authority of Kenya ("the Authority") has entered into a settlement agreement with the company pursuant to section 38 after the Company was found to have contravened sections 55 (a) (i) and 60 of the Act. Under the settlement agreement — (a) the Authority has imposed a financial penalty to the tune of Kenya Shillings forty seven thousand, seven hundred and eleven (Ksh. 47, 711.00) on the company; and (b) the company gave a written undertaking vide the settlement agreement to in future refrain from engaging in any conduct that is in contravention of the Act. Dated the 15th January, 2020. WANG'OMBE KARIUKI, MR/0426130 Director-General.

Dated the 15th January, 2020.

WANG'OMBE KARIUKI,

Director-General.

Extracted Entities (1)

previous_gazette_ref

464

Details

Act / Legislation: THE COMPETITION ACT
Reference: No.12 of 2010
Section: section 39
Signed By: WANG'OMBE KARIUKI
Title: Director-General
Date Signed: 15th January 2020
Page: 27
Extraction Method: regex

Source Gazette

Vol. CXXII No. 16

Published 3rd January 2020