Understanding Buyer Power

In this episode recorded on 20.12.2023, we are joined by Dr. Priscilla Njako - Manager - Competition Authority of Kenya (CAK), Willy Kimani - Director, RETRAK Kenya, and Ishmail Bett - CEO, Association of Kenya Suppliers for an in-depth discussion on buyer power and its potential abuse.We also cover the role of the Competition Authority of Kenya, the recent KES 1.1B penalty meted out to Carrefour, the sanctity of contracts, and retail trade dispute settlement.Subscribe to get notified when we make a new post.Show Notes00:00:00 Introduction00:02:17 CAK’s Role and Buyer Power00:08:32 Retail Space in Kenya 00:14:52 Association of Kenya Suppliers00:17:02 Determination of Buyer Power and its Abuse00:27:12 Sanctity of Contracts 00:33:48 Dispute Settlement, the Competition Tribunal, and the Carrefour Case00:54:02 Settlements with CAK and the Carrefour Penalty01:10:37 Beyond The Penalty01:18:09 Options Available to an Offending Party Get full access to The Mwango Weekly at mwangocapital.substack.com/subscribe