Fair Trading Commission (FTC)
The FTC, Jamaica’s competition agency, was established in 1993 to administer the Fair Competition Act (FCA). The FCA provides for the maintenance and encouragement of competition in the conduct of trade, business and in the supply of services in Jamaica. Competition leads to optimal allocation of scarce resources while ensuring that the highest quality goods and services are offered for sale at the lowest prices. It also ensures that the greatest incentives exist for product innovation and development. The work of the FTC is critical to the achievement of these objectives.
The functions of the FTC are:
To carry out, on its own initiative or at the request of the Minister or any other person, investigations in relation to the conduct of business in Jamaica in connection with matters falling within the provisions of the FCA;
To advise the Minister on matters relating to the operation of the FCA;
To make available to businesses and consumers, general information with respect to their rights and obligations under the FCA;
To undertake studies and publish reports and information regarding matters affecting the interests of consumers; and
To co-operate with and assist any association in developing and promoting the observance of standards of conduct for the purpose of ensuring compliance with the FCA.
The FTC has the power to carry out investigations in relation to the conduct of business in Jamaica to determine if any enterprise is engaging in practices that are in contravention of the Act. Such investigations may be self-initiated by the FTC or may be carried out on the basis of a complaint. All investigations are conducted by the staff of the FTC.
The FTC has the powerto obtain any information that it considers necessary for the purposes of the investigation. Where necessary, an authorized officer of the FTC may, with a warrant, enter and search any premises. The officer may remove any documents from the premises. Copies of documents removed may be made and the original must be returned within seven days.
In addition, the Commissioners have the power to summon and examine witnesses; to call for and examine documents; and to administer oaths. Where they find that an arrangement has contravened Sections 17, 20 or 33 of the Act, they may prohibit the arrangement. For prohibitions under Sections 20 and 33, they may also direct the enterprise concerned to take steps that are necessary to overcome any anti-competitive effects resulting from the arrangement.
The FTC can also take to Court any business or individual who has been found guilty of anti-competitive practice and has failed to take corrective measures, after being instructed by the Commissioners.
- Mr. Christopher Samuda - Chairman
- Ms. Michelle Brown
- Mr. Denzil Williams
- Ms. Deanna Davis
- Mr. David Miller - Ex-Officio