Group to probe edible oil sector over high prices

What you need to know:

  • Bidco Oil Refineries is the largest player in Kenya’s edible oil sector. Estimations by Consumer Insight Africa indicate that the company controls at least 54 per cent of the cooking oil market and 61 per cent of the cooking fat market.

The antitrust watchdog is raising the red flag on the country’s edible oil industry, setting the stage for investigations into the conduct of various players that may be impeding competition.

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