CCC establishes COVID-19 Steering Committee
CARICOM Competition Commission (CCC) Establishes Steering Committee to Monitor Regional Action Plan for Competition and Consumer Agencies in CARICOM to Mitigate Effects of COVID-19
The CCC views the competition and consumer protection laws in the region to be critical now more than ever before as they can help mitigate the effects of COVID-19 on commercial and consumer welfare. Promoting competitive markets through competition advocacy and enforcement can support the maintenance of fair competitors or facilitate the entry of new suppliers of essential goods in Member States, thereby reducing prices during the pandemic. Consumer laws can also help advocacy for the health and safety measures.
In this regard, the CCC, in consultation with trade, competition and consumer officials, has developed a Regional Action Plan (“Plan”) with collaborative strategies for national competition and consumer protection authorities in the CARICOM during the pandemic. Moreover, the CCC, in partnership with these officials, established a Steering Committee to monitor initiatives taken by Member States, and to provide advice on key policy decisions required at the national level to implement the Plan.
For the full press release outlining the Plan and the current composition of the Steering Committee, click here.
CARICOM Competition Commission
4th May 2020