News

STATEMENT: On The Sale of Banking and Insurance Assets by the Bank of Nova Scotia to Republic Financial Holdings and Sagicor Financial Corporation

December 5, 2018

                                              CARICOM COMPETITION COMMISSION

                                                       Statement on

 The sale of banking and insurance assets by the Bank of Nova Scotia to
Republic Financial Holdings and Sagicor Financial Corporation

The Commission in its monitoring of business activity in the CARICOM Single Market and Economy (CSME), has taken note of the  announcement  on 28th November 2018 by the Bank of Nova Scotia (“Scotiabank”) of its intended transaction to sell banking assets in nine (9) English and Dutch speaking countries in the Caribbean.

For the full statement please click here.

CARICOM Competition Commission Work Programme January-September 2018 Performance

5 November 2018

CARICOM Competition Commission Work Programme January-September 2018 Performance

This report highlights the work of the CARICOM Competition Commission (Commission) for the period of January to September of 2018, in the areas of competition law and policy, and consumer welfare and protection of consumer interests in the CARICOM region. The work of the Commission is guided by the institution’s mandate under Chapter VIII of the Revised Treaty of Chaguaramas (RTC). Consequently, the document is structured to highlight the relevant provisions within the RTC under which each activity falls.

For the full report please click here.

Chairman Justice Blackman Pays Courtesy Call On Minister Stephen Tsang Of Suriname

PRESS RELEASE

September 06, 2018

Chairman Justice Blackman Pays Courtesy Call On Minister Stephen Tsang Of Suriname

 


Chairman Blackman (r) and Minister Tsang (l)

Chairman Blackman (r) and Minister Tsang (l)


In his first official visit to Paramaribo, Suriname, the new Chairman of the CARICOM Competition Commission (CCC) Justice Christopher Blackman made a courtesy call on Minister Stephen Tsang, Minister of Trade, Industry and Tourism with responsibility for competition and consumer protection on 04 September 2018.

Chairman Blackman and Minister Tsang covered a range of topics of interest to the Republic of Suriname and the CCC including competition law, consumer protection, regional trade arrangement, and regional transportation for goods and people.

The courtesy call was informative and allowed both delegations to identify future areas of cooperation in competition and trade policy. Chairman Blackman thanked the Minister for the support provided by the Republic of Suriname to the headquarters of the CARICOM Competition Commission. Minister Tsang expressed his governments continued support for the CCC and the other CARICOM institutions headquartered in Suriname.


Press Release:CARICOM Competition Commission Appoints New Chairman And Member

PRESS RELEASE

July 26, 2018

CARICOM COMPETITION COMMISSION APPOINTS NEW CHAIRMAN AND MEMBER

The CARICOM Competition Commission (CCC) is pleased to announce the appointment of new Chairman Justice Christopher Blackman (Ret.) and Member, Mr. Anthony LaRonde. The Commissioners were sworn in by the Honorable Mr. Justice Adrian Saunders, President of the Caribbean Court of Justice (CCJ) and Chairman of the Regional Judicial and Legal Services Commission (RJLSC), and witnessed by outgoing Chairman of the CCC, Dr. Kusha Haraksingh.

Mr. Justice Christopher Blackman, GCM is a former non-resident Justice of Appeal of the Belize Court of Appeal who served from October 1, 2014 to September 2017. He was also a Justice of the Court of Appeal of The Bahamas, serving from March 1, 2008 to December 5, 2014. He served as a High Court Judge of Barbados (2003-2008) and Belize (2001-2003). He was appointed Queen’s Counsel in 1987, served as President of the Barbados Bar Association (1983-86) and as an Independent Senator (1986-1990) in the Barbados Parliament. In the 2000 Barbados Independence Honours List, he was awarded the Gold Crown of Merit for law and public service.

Anthony P. La Ronde is a Barrister at Law, Solicitor Mediator and Notary Public and was called to the Bar of the Eastern Caribbean Supreme Court (Dominica) in 1985. As a Barrister at Law and Solicitor he held the positions, on full establishment, as a State Attorney, Parliamentary Draftsman, Chief Parliamentary Draftsman and Attorney General (1995 to 2002) in the Commonwealth of Dominica. From 2005 to 2009 he was the Officer in Charge/Director of the CARICOM Legislative Drafting Facility at the Secretariat. From January 2016 to January 2018, he served the Government of Anguilla in the capacity of Chief Parliamentary Counsel.

The incoming Commissioners have been appointed for a term of five years in the first instance. They join sitting Commissioners Mr. Eversley Decourcey, Mr. Nestor Alfred, Professor Andrew Downes and Emalene Marcus-Burnett.

The CCC was established to enforce Community Competition Policy under Chapter 8 of the Revised Treaty of Chaguaramas. The CCC’s principle functions are to apply the rules of competition to anti-competitive cross-border business conduct, promote and protect competition in the Community, and to use advocacy to support and assist Member States in protecting consumers in the CSME.

CARICOM Competition Commission 2017 Work Programme - Performance

CARICOM Competition Commission Work Programme 2017

This report highlights the work of the CARICOM Competition Commission (Commission) for  2017, in the areas of competition law and policy, and consumer welfare and protection of consumer interests in the CARICOM region. The work of the Commission is guided by the institution’s mandate under Chapter VIII of the Revised Treaty of Chaguaramas (RTC). Consequently, the document is structured to highlight the relevant provisions within the RTC under which each activity falls.

For the full report please click here.

OECD-IDB Recognizes the Contribution of the CCC to 2017 LACCF meeting

May 10, 2017

The Commission has been recognized by the Organization for Economic Cooperation and Development (OECD) and Inter-American Development Bank (IDB) for its contribution to the recently concluded 2017 Latin America and Caribbean Competition Forum (LACCF).

For the full letter please click here.

CARICOM Competition Commission 2017 Work Programme - First Quarter Performance

CARICOM Competition Commission 2017 Work Programme - First Quarter Performance

May 2, 2017

This report highlights the work of the CARICOM Competition Commission (Commission) for the first quarter of 2017, in the areas of competition law and policy, and consumer welfare and protection of consumer interests in the CSME. The work of the Commission is guided by the Commission’s mandate under Chapter VIII of the Revised Treaty of Chaguaramas (RTC). Consequently, the document is structured to highlight the relevant provisions within the RTC under which each activity falls.


For the full report, please click here.

CARICOM Competition Commission Statement for World Consumer Rights Day 2017

On 15 March 2017, the global consumer protection community celebrates World Consumer Rights Day (WCRD). This year the theme for WCRD is "Building a Digital World Consumers can Trust".

For the full statement of the CARICOM Competition Commission please click here

CARICOM Competition Commission Hosts Sensitisation Workshop on Competition Law for Members of Parliament

27 February 2017

Guyana

The Caribbean Community Secretariat (CARICOM) Competition Commission is working towards implementing and strengthening competition laws and policies in all of its member states.

Members of Parliament (MPs) today, participated in a sensitisation exercise which will pave the way for the establishment of the competition culture locally.

The sensitisation workshop was facilitated through the Caribbean Forum of African, Caribbean and Pacific (ACP) states (CARIFORUM) and CARICOM.

Chairman of the CARICOM Competition Commission, Dr Kusha Haraksingh said that the sensitisation workshop will contribute to a change in the way business is transacted in Guyana.

For the link to the full article please click here.

Source: CARICOM Secretariat

Appointment of New Commissioners to the CCC

PRESS RELEASE

 January 30, 2017


APPOINTMENT OF NEW COMMISSIONERS TO THE CARICOM COMPETITION COMMISSION

The CARICOM Competition Commission (CCC) is pleased to announce the appointment of two new Commissioners, Professor Andrew Downes and Mrs. Emalene Marcus-Burnett effective January 06, 2017. The Commissioners were sworn in by Sir Dennis Byron, Chairman of the Regional Judicial and Legal Services Commission (RJLSC), and witnessed by Dr. Kusha Haraksingh, Chairman of the CCC.


The incoming Commissioners have been appointed for a term of five years in the first instance. They join sitting Commissioners, Chairman Dr. Kusha Haraksingh; Mr. Patterson Keith Herman Cheltenham, G.C.M., Q.C; Mr. Hans Rudolf Lim A Po; Mr. Eversley Decourcey and Mr. Nestor Alfred.

The CCC was established to help enforce the CARICOM Rules of Competition and to regulate competition in the CARICOM Single Market and Economy (CSME). Its principle functions are to apply the rules of competition, promote competition, and to assist Member States to protect consumers.