Tuskys faces probe over Naku­matt stock­ing plan

Business Daily (Kenya) - - TOP NEWS -

The com­pe­ti­tion watch­dog is in­ves­ti­gat­ing a deal in which su­per­mar­kets chain Tuskys is fund­ing the re­stock­ing of trou­bled ri­val Naku­matt for pos­si­ble breach of anti-trust reg­u­la­tions. Tuskys on Satur­day an­nounced that it had started re­stock­ing two of Naku­matt’s prime Nairobi out­lets with the in­ten­tion of in­clud­ing even more stores across the coun­try.

Sources fa­mil­iar with the mat­ter in­di­cate that the Com­pe­ti­tion Author­ity of Kenya (CAK) is in­ves­ti­gat­ing the deal be­tween the two ri­val re­tail­ers for what could amount to col­lu­sion by com­peti­tors.

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