The main objective of the Fair Trading Commission (FTC) is to promote and protect the process of competition in Jamaican markets.
“Once competition is allowed to operate in markets, consumers will have a choice among a wide variety of goods and services at competitive prices.”
In the world of commerce, it is not unusual for any business to purchase one of its competitors. Such activities are generally referred to as mergers and acquisitions (M&As).
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More on Kevin Harriott, Ph.D. Competition Bureau Chief at the Fair Trading Commission.