The Competition Authority of Kenya is the principal competition regulator and consumer protection enforcement agency in Kenya. It is an independent parastatal whose parent ministry is the Ministry of Finance (Kenya).
| Authority overview | |
|---|---|
| Formed | 1 August 2011 |
Preceding Authority |
|
| Type | Statutory body |
| Jurisdiction | Kenya |
| Headquarters | CBK Pension Towers, 15th Floor, Harambee Avenue, Nairobi |
Authority executives | |
Parent department | Ministry of Finance (Kenya) |
| Website | cak.go.ke |
History
editThe Competition Authority was established on 1 August 2011, when Kenya's Competition Act 2010[2] came into force. The Competition Act replaced the Restrictive Trade Practices, Monopolies and Price Control Act of 1989, Cap 504. The Competition Act has since been chaptered as Cap 504 of the Laws of Kenya.
Responsibilities
edit- Consumer protection
- Control of mergers and acquisitions
- Deterring anti-competitive practices
- Sanctioning and preventing abuse of buyer power
Notes
edit- 1 2 "Board of Directors | CAK - Competition Authority of Kenya".
- ↑ Competition Act. 31 December 2022.
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