'Buyer Power' as an Emerging Concern in the Kenyan Economy

'Buyer Power' as an Emerging Concern in the Kenyan Economy

Author: Victor Nzomo

Publisher:

Published: 2017

Total Pages: 0

ISBN-13:

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In December 2016, Kenya became the first country in Africa to adopt specific legislative provisions on buyer power through the competition law framework. According to Competition Authority of Kenya, abuse of buyer power is an emerging issue of concern in the Kenyan economy particularly in the retail sector because of the failure of buyers to honour their contractual obligations with their suppliers. In this connection, this Essay seeks to answer two interrelated questions. Firstly, how does Kenyan competition law treat a market structure where there is a small number of big buyers and a large number of suppliers characterised by superior bargaining power of the large buyers, where the latter fall below the threshold for dominance? Secondly, what remedies exist under Kenyan competition law to control abuse of buyer power?


Competition Policy and the Control of Buyer Power

Competition Policy and the Control of Buyer Power

Author: Peter C. Carstensen

Publisher: Edward Elgar Publishing

Published: 2017-09-29

Total Pages: 265

ISBN-13: 178254058X

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This book provides a comprehensive overview of the economic and competition policy issues that buyer power creates. Drawing on economic analysis and cases from around the world, it explains why conventional seller side standards and analyses do not provide an adequate framework for responding to the problems that buyer power can create. Based on evidence that abuse of buyer power is a serious problem for the competitive process, the book evaluates the potential for competition law to deal directly with the problems of abuse either through conventional competition law or special rules aimed at abusive conduct. The author also examines controls over buying groups and mergers as potentially more useful responses to risks created by undue buyer power.


Buyer Power in EU Competition Law

Buyer Power in EU Competition Law

Author: Ignacio Herrera Anchustegui

Publisher:

Published: 2017-10-31

Total Pages: 605

ISBN-13: 9781939007247

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The thesis presents a comprehensive and cross-sectional discussion of buyer power to determine the legal regulation of buyer conducts under EU competition law. It focuses on four main research areas: understanding buyer power; analysing the legal treatment given to the exertion of anticompetitive buyer power under EU competition law; exploring theories of harm applicable to buyer power abuse, and ascertaining the welfare standard employed for buyer power cases.


Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance

Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance

Author: El Bachir Boukherouaa

Publisher: International Monetary Fund

Published: 2021-10-22

Total Pages: 35

ISBN-13: 1589063953

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This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.


The Culture of Politics in Modern Kenya

The Culture of Politics in Modern Kenya

Author: Angelique Haugerud

Publisher: Cambridge University Press

Published: 1997-05-13

Total Pages: 276

ISBN-13: 9780521595902

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Once the major success story of a troubled continent,by the early 1990s Kenya came to be regarded as its fallen star. This book challenges such images of reversal and the analytical polarities which sustain them. The analysis ranges from telescopic to microscopic fields, and combining many disciplines and perspectives to give a rich and varied picture of the culture of politics in twentieth-century Kenya.'...a highly perceptive and interesting analysis, deconstruction is not too strong a term, of Kenya's politics....[A] well researched, documented and enlightening book' African Affairs


Kenya

Kenya

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 1995-12-15

Total Pages: 125

ISBN-13: 1451821034

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This paper reviews economic developments in Kenya during 1990–95. Real GDP growth decelerated from 4.3 percent in 1990 to close to zero in 1992/93. Inflation accelerated from 12 percent in the 12-month period ended December 1989 to 34 percent in March 1993. The central government’s budget deficit increased from 6.7 percent in 1989/90 to 11.4 percent of GDP in 1992/93. Broad money growth (M2) accelerated from 21 percent in the 12-month period ended December 1991 to 36 percent in March 1993.


Global Trends 2040

Global Trends 2040

Author: National Intelligence Council

Publisher: Cosimo Reports

Published: 2021-03

Total Pages: 158

ISBN-13: 9781646794973

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"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.


Innovation for inclusive value-chain development

Innovation for inclusive value-chain development

Author: Devaux, André

Publisher: Intl Food Policy Res Inst

Published: 2016-10-21

Total Pages: 560

ISBN-13: 0896292134

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Governments, nongovernmental organizations, donors, and the private sector have increasingly embraced value-chain development (VCD) for stimulating economic growth and combating rural poverty. Innovation for Inclusive Value-Chain Development: Successes and Challenges helps to fill the current gap in systematic knowledge about how well VCD has performed, related trade-offs or undesired effects, and which combinations of VCD elements are most likely to reduce poverty and deliver on overall development goals. This book uses case studies to examine a range of VCD experiences. Approaching the subject from various angles, it looks at new linkages to markets and the role of farmer organizations and contract farming in raising productivity and access to markets, the minimum assets requirement to participate in VCD, the role of multi-stakeholder platforms in VCD, and how to measure and identify successful VCD interventions. The book also explores the challenges livestock-dependent people face; how urbanization and advancing technologies affect linkages; ways to increase gender inclusion and economic growth; and the different roles various types of platforms play in VCD.