The Fair Competition Act (FCA) was promulgated in 1993 to ensure that the benefits of the competition process in Jamaica are unhindered by anti-competitive activity. The objectives of the Act are to:
Encourage competition in the conduct of trade and business in Jamaica;
Ensure that all legitimate business enterprises have an equal opportunity to participate in the Jamaican economy;
Provide consumers with better products and services, a wide range of choices at the best possible prices.
To achieve these objectives, the FCA contains two broad categories of prohibitions – those dealing with anti-competitive behaviour and those dealing with consumer protection. With regard to anti-competitive behaviour, the Act prohibits agreements that substantially lessen competition and the abuse of a dominant position. Specific anti-competitive practices that are prohibited under the Act are resale price maintenance, tied selling, price fixing, collusion and cartels and bid rigging.
NOTE: This Section provides you with an online version of the Fair Competition Act (FCA). The marginal notes have been omitted from this version. For a copy of the entire document in PDF format, including the amendments and regulations click here. You will need Acrobat Reader software to view this document; download this software free from Adobe.
These are reproduced versions of the statutes. They are available in their original form at Jamaica Printing Services Limited, 77 1/2 Duke Street, Tel 967-2550 or 948-4951.