Top supermarkets face hefty fines as regulator probes supplier abuse

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The competition watchdog has launched investigations into top supermarkets for abusing their ability to set terms for suppliers, exposing the retailers to multimillion-shilling fines.

The Competition Authority of Kenya (CAK) says that preliminary findings revealed that a number of top retailers are forcing suppliers to incur additional costs unfairly and endure extended payment periods, besides demanding rebates in the race for profits.

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