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Foreign-owned retail giant Carrefour has come under scrutiny following the discovery by the competition watchdog that it has been taking advantage of two local companies that provide it with consumer goods.
The Competition Authority of Kenya (CAK) yesterday imposed a fine of Sh1.1 billion on the fast-growing supermarket chain, whose turnover hit Sh40 billion last year, for engaging in unfair competition practices against Pwani Oil Products Ltd and Woodlands Company Ltd.
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