Do other CARICOM countries have competition legislation?
Trinidad and Tobago, Guyana and St. Vincent
have passed competition legislation. The countries of the Organisation of Eastern
Caribbean States are in the process of establishing a sub-regional competition
authority that will enforce harmonised competition legislation. Suriname has
completed its legislation and is in the process of enacting it. Belize is
receiving technical assistance to complete its fair competition legislation.
Under Chapter Eight of the revised Treaty
of Chaguaramas, CARICOM is inaugurating the regional Community Competition
Commission on 18 January 2007 in Paramaribo,
CCC main objectives will be to:
- apply the rules of competition in respect of anti-competitive cross
border business conduct; and
- promote and protect competition in the Community and coordinate the
implementation of the Community Competition Policy .