The Kenyan Competition Authority investigates suspected cartel practices in the paint manufacturing sector (Crown Paints / Basco Products / Kansai Plascon / Galaxy Paints)
Single Brush Stroke Stops Paints Cartel in its Tracks*
Upon receiving allegations, in 2018, of cartel-like practices among paint manufacturers and undisclosed distributors, the Competition Authority of Kenya (CAK) launched an investigation into the companies suspected of breaching competition rules. These investigations later uncovered that four firms, namely: Crown Paints, Basco Products Limited, Kansai Plascon and Galaxy Paints were deemed guilty of collusion and price-fixing, subjecting the purchasers to unreasonably high prices for various paint brands. The CAK has since revealed its findings to the Kenyan Parliament.
Crown
Access to this article is restricted to subscribers
Already Subscribed? Sign-in