Daily Archives: July 15, 2016

Nigerian Breweries makes first statement on CPC investigation on health claims made at beer symposium

Nigerian Breweries Plc said on Friday it had received a notice from the Consumer Protection Council (CPC) about an ongoing investigation launched by the agency on the “veracity of claims regarding the health benefits of beer consumption” made by the company at the recently held Third Annual Beer Symposium.

SABMiller’s Kenyan unit fined for price fixing

beer

Crown Beverages, a Kenyan unit of SABMiller was fined an “administrative penalty” of Sh2.4m Kenyan shillings ($23,700) for engaging in restrictive trade practices by setting minimum price rules for its distributors.

This follows an investigation by The Competition Authority of Kenya (CAK), which found two clauses in Crown Beverages distributor contracts that set price floors for distributors who sell its products.