Kenya’s business environment has beenweakening over recent years and this has limited the privatesector’s ability to grow, create jobs, and contribute toeconomic development. Competitive domestic markets arenecessary to boost Kenya’s competitiveness. There are twopillars that sustain effective competition policy: (i)opening markets and removing anticompetitive regulation; and(ii) effectively enforcing competition law. The main focusof this report is the identification of regulations thatcould restrict competition and distort markets and businessdecisions, having a negative effect on Kenya’scompetitiveness and growth. This report contains resultsfrom a review of the regulatory framework in key areasidentified using Organisation for Economic Co-operation andDevelopment's (OECD) Product Market Regulation (PMR)indicators, the World Bank Group’s framework to identifyanticompetitive regulations, and interviews withstakeholders. This report is concerned only with certainregulations that affect market competition in select sectorsand topical areas. The report stems from the policy dialoguewith various Kenyan institutions, supported by the KenyaInvestment Climate Program. This report contains threeparts. Part one identifies restrictive regulations thataffect the whole economy, while Part two focuses on selectsectors. Part three provides policy recommendations topromote greater competition in Kenyan markets through theassessment and modification of regulations that createobstacles to competition. It also provides estimates of thepotential benefits of reforming product market regulations.
PDF
download
878987797
028-85220240
