Carrefour faults Competition Tribunal's ruling, mulls appeal - News Summed Up

Carrefour faults Competition Tribunal's ruling, mulls appeal


The firm was also asked to deliver a fridge at a Carrefour store with a promise that the retailer would then order products. “Carrefour intends to appeal to the High Court,” Carrefour management (Kenya) said in an email to The Star. Through its advocates, Messrs Anjarwalla & Khanna, Carrefour argued that there was neither proof that it possessed buyer power nor it had abused the same. The Competition Act does not make it a contravention to possess buyer power, but it is illegal to abuse that position where it exists. CAK has since noted a "persistent problem of abuse of buyer power" in the retail sector, where some major players have had unresolved payments with suppliers.


Source: The Star April 27, 2021 00:56 UTC



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