PS Chris Kiptoo Champions Fair Competition as CAK Chairman Charles Mahinda Unveils Tougher Crackdown on Cartels and Market Abuse
Principal Secretary at the National Treasury, Dr. Chris Kiptoo, has reaffirmed the Government’s commitment to strengthening competition and consumer protection as key pillars of economic growth, while Competition Authority of Kenya (CAK) Board Chairman Charles Mahinda pledged tougher enforcement against anti-competitive practices that undermine businesses and consumers. The leaders spoke during the Research Conference on Competition and Consumer Welfare held at Weston Hotel in Nairobi under the theme, “Promoting Competition and Consumer Welfare in Globalized and Dynamic Markets.” The conference brought together policymakers, researchers, academics, regulators, and industry stakeholders to explore the role of competition in driving economic transformation and consumer welfare. The PS said competitive markets are essential for creating jobs, lowering consumer prices, attracting investment, and supporting inclusive economic growth. “Competition enforcement is not merely a...