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SETTLEMENT
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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
Source Gazette
Vol. CXXIII No. 168
Published 18th January 2021