News

CCC Quarterly Report April -June 2015

This report highlights the work of the CARICOM Competition Commission (Commission) for the second quarter of 2015, in the areas of competition law and policy, and consumer welfare and protection 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 Dr. Kusha Haraksingh participates in the Seventh UN Review Conference

Chairman Dr. Kusha Haraksingh participates in the Seventh UN Review Conference (UN Set), 6-10th July 2015


The Seventh UN Review Conference marks the 35th anniversary of the adoption by the United Nations Set of Multilaterally Agreed Equitable Principles and Rules for the Control of Restrictive Business Practices (UN Set). For the full article please click here.

CCC Completes Preliminary Examination Of CWC Acquisition

The CARICOM Competition Commission has completed the Preliminary Examination of CWC Agreement to Acquire Columbus pursuant to Article 176.1 of the Revised Treaty of Chaguaramas (RTC). This media release provides Governments, consumers and business with an update on the work conducted by the Commission, the findings to date in regard to this transaction, and the next steps in the process. For the full media release please click here.

CCC Quarterly Report January - March 2015

This report highlights the work of the CARICOM Competition Commission (CCC) for the first quarter of 2015, in the areas of competition law and policy and consumer welfare and protection in the CARICOM region. The work of the CCC is guided by the institution’s mandate under Chapter VIII of the Revised Treaty of Chaguaramas (RTC). Consequently, the document is structured to highlight, in some cases, the relevant provisions within the RTC that each activity falls under. For the full report please click here.

World Consumer Rights Day 2015 Activities in CARICOM

Given the high prevalence of chronic non-communicable diseases in the Caribbean, it is only fitting that this year’s theme for World Consumer Rights Day (WCRD) be “Healthy Diets”, and that the regional consumer protection community turn its attention to this issue. For a list of some of the activities undertaken in CARICOM to promote WCRD 2015 and this year's theme please click here

CCC Statement on World Consumer Rights Day 2015

Annually, on 15 March, WCRD provides an opportunity for consumer organisations to draw attention to the important role that consumer protection policies and laws play in making societies safer and fairer. Given the high prevalence of NCDs in the Caribbean, it is only fitting that this year’s theme for World Consumer Rights Day (WCRD) be “Healthy Diets”, and that the regional consumer protection community turn its attention to this issue. For the full statement please click here.

CCC Quarterly Report October-December 2014

This report highlights the work of the CARICOM Competition Commission (CCC) for the final quarter of 2014, in the areas of competition law and policy and consumer welfare and protection in the CARICOM region. The work of the CCC is guided by the institution’s mandate under Chapter VIII of the Revised Treaty of Chaguaramas (RTC). Consequently, the document is structured to highlight, in some cases, the relevant provisions within the RTC that each activity falls under. For the full report please click here.

Press Release : Update from CCC on CWC Agreement to acquire Columbus


            Update from CCC on CWC Agreement to acquire Columbus


The CARICOM Competition Commission (“the Commission”) hereby provides an update to its statement published on www.caricomcompetitioncommission.com on 10 December 2014 and issued to media organisations in Member States throughout the region, regarding the agreement by Cable and Wireless Communications Plc (“CWC”) to acquire Columbus International Inc. (“Columbus”).

The indicative conclusions of the internal assessment have given the Commission ‘reason to believe’ pursuant to Article 176.1 of the Revised Treaty of Chaguaramas, that the announced agreement between CWC and Columbus has the potential to prejudice trade and prevent, restricts or distorts competition within the CSME  with the possibility of cross-border effects.  

Accordingly, the Commission has written to the National Competition Authorities (NCAs) of Member States pursuant to Article 176.1 to “request the national competition authority to undertake a preliminary examination of the business conduct of the enterprise.”
 
Article 176.2 of the RTC, states that: “Where a request is received according to paragraph 1, the national competition authority shall examine the matter and report its findings to the Commission within such time as may be determined by the Commission”.

The Commission has  requested the NCAs complete the preliminary examination within 30 days from the date of receipt of the written request.

The Commission has written pursuant to Article 173.2(e) of the RTC to other competent authorities in the Member States, namely the national telecommunications regulators or ministries with responsibility for telecommunications to request a preliminary examination of the potential impact of the agreement between CWC and Columbus on national telecommunication markets. The Commission has requested their preliminary examinations be completed within 30 days from the date of receipt of the written request from the Commission.

The Commission invites stakeholders and consumers in the region to share their views with the National Competition Authorities, national telecommunications regulators or ministries with responsibilities for telecommunications, in order to facilitate the preliminary examinations. Stakeholders or consumers may also contact the Commission via its website http://www.caricomcompetitioncommission.com/en/contact to provide their views.

The Commission remains cognizant of the key objectives of Article 169. As such, the Commission is a strong advocate of efficiency and rivalry among firms in national and regional markets in the CSME, and advocates that the benefits to be derived must be shared among all stakeholders in an equitable manner.

The Commission remains committed to a fair and transparent process in the determination of all regulatory matters where the interests of Member States, business and consumers must be considered.

The Commission will provide a further update after the process of analysis and review of the preliminary examination reports from the NCAs, and national telecommunication regulators or ministries with responsibility for telecommunications in Member States is completed. At that time, the Commission will advise of any further action to be taken on this matter.

Dated: 28 January, 2015

CARICOM Competition Commission
Hendrikstraat 69
Paramaribo
Suriname
Tel: (597) 491-455/491-470
Fax: (597) 530-639
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Web site: www.caricomcompetitioncommission.com


CCC Delivers Presentations On Economic Integration In CARICOM And The Role Of The Commission To Economic Integration Students Of The Anton De Kom University In Suriname

CCC DELIVERS PRESENTATIONS ON ECONOMIC INTEGRATION IN CARICOM AND THE ROLE OF THE COMMISSION TO ECONOMIC INTEGRATION STUDENTS OF THE ANTON DE KOM UNIVERSITY IN SURINAME

 

On Monday the 15th December 2014 the CCC delivered two presentations to students of the Anton De Kom University in Suriname. These presentations were delivered by Musa Ali, Registrar and Barry Headley, Senior Economist of the CCC on the topics “Caribbean Community - Benefits and Challenges of Economic Integration” and “A Brief Introduction to the Commission and its Role in Economic Integration”.



This outreach initiative was executed after an invitation from the Lecturer Mrs. Leysner to the CCC to deliver presentations as guest lecturers during her class on Economic Integration for students of economics.


As part of its mandate under the Revised Treaty of Chaguaramas (RTC) to (a) facilitate the exchange of relevant information and expertise and (b) develop and disseminate information about competition policy, and consumer protection policy, the CCC welcomed this opportunity.


For the presentations “Caribbean Community - Benefits and Challenges of Economic Integration” and “A Brief Introduction to the Commission and its Role in Economic Integration” click here.

CCC Statement on the Cable & Wireless agreement to acquire Columbus International Inc.

CARICOM Competition Commission statement on the Cable and Wireless Communications Plc (CWC) agreement to acquire Columbus International Inc. (Columbus)

The CARICOM Competition Commission (“the Commission”) as part of its monitoring of business activity in the CSME took note of the announced transaction on 6th November 2014 by Cable and Wireless Communications Plc (‘CWC’) and Columbus International Inc. (‘Columbus) and began conducting an internal preliminary assessment of the transaction with all available public information.

The Commission will make a further announcement at the conclusion of its internal review process on its strategy and plans for addressing the announced transaction.

The Commission’s mandate is to implement the key objectives of Article 169 on Community Competition Policy namely: (a) the promotion and maintenance of competition and enhancement of economic efficiency; (b) prohibition of anti-competitive conduct; (c) and the promotion of consumer welfare and protection of consumer interests.

The Commission is therefore a strong advocate for efficiency in the working of national and regional markets in the CSME with the benefits to be shared among all stakeholders in an equitable manner.

The Commission wishes to state that regardless of jurisdiction (national or regional) it is vital that the Governments of Member States and regulators ensure the principles of competition are considered in the review process for making a determination on this transaction. It is vital that the impact on competition of the proposed transaction be considered in a thorough manner, and that any determination made is designed with competition enhancing outcomes in mind.

The Commission as a regulator is committed to a process that is fair and transparent in the determination of any regulatory matter where the interests of both business and consumers must be considered.


CARICOM Competition Commission
Hendrikstraat 69
Paramaribo
Suriname
Tel: (597) 491-455/491-470
Fax: (597) 530-639
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Web site: www.caricomcompetitioncommission.com