'Buyer Power' as an Emerging Concern in the Kenyan Economy
Author: Victor Nzomo
Publisher:
Published: 2017
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOKIn 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?