Two firms fined Sh21.6m for contravening trade laws

Friday, January 24th, 2020 18:05 | By
Cash. PHOTO/Courtesy

The Competition Authority of Kenya (CAK) has fined two companies a total of Sh21.6 million for contravening trade laws.

In a gazette noticed released on Friday dated January 15, 2020, the authority fined food processor Del Monte Sh776,025 for misrepresenting facts about its products, while paint Manufacturer a were slapped with a Sh20.8 million fine for price fixing.

CAK is mandated to protect consumer against false or misleading representation, unconscionable conduct, products safety standards, product information standards and liability in respect of unsuitable & defective goods.

In the Gazette Notice dated January 15 2020, CAK Director General Wangombe Kariuki said upon investigations, the authority discovered that actual standards of the tested Del Monte products and their quality did not match what they had printed on the packs.

Regarding Basco Paints, Wangombe said they were found to have contravened trade laws, among them price-fixing. The Authority has been on a sensitization mission through the month of January especially among Small and Medium Enterprises (SMEs).

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