Competition Authority Raids Foam Mattress Firms Over Suspected Cartel Practices

The unannounced inspections were carried out in businesses located in Nairobi, Machakos, Kiambu and Kisumu, the regulator said in a statement on Tuesday. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..

✨ Key Highlights

The Competition Authority of Kenya conducted simultaneous raids on six foam mattress manufacturers and distributors across four counties as part of an investigation into suspected cartel practices.

Investigators seized electronic and physical materials, including hard disks and sales records, for forensic analysis.
The raids were carried out under the Competition Act to secure evidence of potential price fixing, market allocation, or abuse of dominance.
David Kemei, Director-General of the authority, stated the intervention aims to ensure the affordability and accessibility of essential household products.
If violations are found, companies could face financial penalties of up to 10 percent of their annual turnover.