The competition authority of Kenya is screening maize and wheat millers

  • | KTN News
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    The competition authority of Kenya is screening maize and wheat millers amid allegations of price-fixing blamed for the elevated prices of flour. The authority is screening various players in the market to determine whether the prevailing prices are signaled by the forces of supply and demand and not external factors such as coordination by competitors. They will assess the raw material costs, including those that are internationally sourced, and local supply and demand patterns. Any distortions to effective competition are thereafter flagged for investigation.