The toxic legacy of market dominance that forced regulators to block EABL’s massive multinational payout
The Competition Authority of Kenya has become the target of intense criticism after attaching conditions to Diageo’s planned Sh388.2 billion sale of its 65% stake in East African Breweries Limited to Japan’s Asahi Group Holdings. EABL and its new buyer have painted themselves as victims of an overreaching regulator, but a careful review of the
