The Competition Authority of Kenya (CAK) has applauded a ruling by the Competition Tribunal that upholds penalties against five steel companies totaling Sh287.9 million for price fixing and other anti-competitive practices. This ruling validates the CAK's commitment to protecting consumers from cartel behavior.

• Five steel firms, including Jumbo Steel Mills Limited and Corrugated Sheets Limited, had their appeals dismissed by the Tribunal.
• Director-General David Kemei stated the ruling affirms the CAK's commitment to protect Kenyan consumers and the veracity of their evidence.
• In 2023, CAK found 14 steel companies had colluded to fix prices, with nine penalized a cumulative Sh338.8 million.