Press Releases
Mergers and Acquisitions Involving Local Financial Institutions
Information Taken from the Central Bank of Trinidad & Tobago A Presentation by: Michelle Francis-Pantor – Deputy Inspector, Banks, Non-Banks and Payments System Oversight Alisha Corbin-Connelly – Senior Examiner, Office of the Inspector of Financial Institutions Kendall Cuffy – Manager, Banks and Non-Banks https://www.central-bank.org.tt/sites/default/files/presentations/mergers-acquisitions-webinar-presentation-april2021_0.pdf
Read MoreStaff Opinion On The Electronic Transaction Act
In examining the framework for online transactions and the impact on suppliers and consumers, the Fair Trading Commission (FTC) assessed Jamaica’s Electronic Transaction Act (ETA) to determine whether it is sufficiently robust and protects suppliers and consumers in Jamaica. See opinion at https://jftc.gov.jm/wp-content/uploads/2022/03/2022.03.10-FTC-opinion-on-The-Electronic-Transaction-Act-FINAL.pdf
Read MoreSpeaking Notes for February 24th 2022 Press Briefing
The Fair Trading Commission participated in the CAC/FTC Press Briefing on February 24, 2022, at which Mr. David Miller, Executive Director spoke about the FTC’s recent work and the way forward. Mr. Miller’s presentation is attached. Speaking Notes for February 24th 2022 Press Briefing
Read MoreMedia Advisory on posting of draft Investigation Report on SVL’s conduct
FTC STATEMENT ON RELEASE OF DRAFT REPORT ON THE INVESTIGATION INTO THE CONDUCT OF SUPREME VENTURES LIMITED. Media Advisory on posting of draft Investigation Report on SVL’s conduct
Read MoreThe Impact of Telemedicine on Competition and Innovation in Health Care
On January 30, 2022, Kevin Harriott, Competition Bureau Chief, participated in a Webinar on the theme “Ethics of Telemedicine & Social Media Use among Medical Professionals” hosted by Medical Council of Jamaica. In his presentation, Dr. Harriott highlighted the potential for telemedicine to enhance competition in the delivery of health care services in Jamaica and […]
Read MoreStudy of Nursing Homes Sector in Jamaica
In November 2021, the FTC completed its study on the nursing homes sector. The study examined issues that may affect the efficient functioning of the sector and focused specifically on the availability of information on nursing homes, access to terms and services, and access to making complaints. Nursing homes provide services for the vulnerable segment […]
Read MoreFTC Guidelines for Selecting a Nursing Home
Nursing homes provide services to a vulnerable segment of society. Therefore, consumers who intend to contract the services of nursing homes should seek information to ensure that loved ones are well cared for. Having all the relevant information prior to utilizing a nursing home will (i) Assist persons in making more informed choices; (ii) Reduce […]
Read MoreFTC Concludes Assessment of the Amalgamation of Medical Disposables & Supplies Limited and Cornwall Medical & Dental Supplies Limited
In December 2021, the FTC completed its investigation into the Agreement, which amalgamated the businesses of Medical Disposables & Supplies Limited and Cornwall Medical & Dental Supplies Limited to form Cornwall Enterprises Limited. The investigation was conducted to determine whether the transaction breached section 17 of the Fair Competition Act (FCA) which prohibits agreements which […]
Read MoreConsultancy for the Development of an Online Consumer Protection Training Course
The CARICOM Competition Commission is collaborating with the Commonwealth Secretariat to implement an online consumer protection course for the CSME region. Click the link below for more information. https://thecommonwealth.org/consultancy-development-online-consumer-protection-training-course
Read MoreFTC Consumer Guideline to Online Shopping
The world is becoming increasingly digitized with businesses offering products and services online and consumers preferring to access goods and services by this method. Online shopping is associated with convenience, flexibility, and a broader scope of goods and services available to consumers. As we approach the Christmas season, traditionally the most intense shopping period of […]
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