Press Releases
30th Anniversary Church Service
On Sunday, September 10, 2023, in recognition of the Fair Trading Commission’s (FTC) 30th Anniversary, the FTC worshipped with the Providence Methodist Church, led by Reverend Dr. George Mulrain. Among the congregation was Senator the Honorable Aubyn Hill, Minister of Industry, Investment & Commerce, Mr. Donovan White, Chairman of the FTC, Dr. Peter-John Gordon, former […]
Read MorePromoting Competition and Deterring Collusion in Public Procurement Presentation
In its commitment to promote competition and competitive markets, the Fair Trading Commission on July 21 and August 18 participated in the Public Procurement Summer Training Series 2023 by way of a presentation entitled, “Promoting Competition and Deterring Collusion in Public Procurement”, and delivered by Mr. Desroy Reid, Competition Analyst at the Fair Trading Commission. […]
Read MoreFTCNewsLine – July 2023
FTCNewsLine is an online quarterly newsletter of the Fair Trading Commission. In this Issue we feature matters arising during the period April 1 through July 30, 2021. FTCNewsLine – July 2023
Read MoreCCC Press Release on Preliminary Examination of LPG market in selected member states in the CSME
Click to access press-release_LPG.pdf
Read MoreThe FTC gives conditional approval of Massy’s acquisition of IGL
Having concluded that the acquisition of Industrial Gas Limited (Jamaica) by Massy Gas Products Holdings Limited, without more, would likely result in a lessening of competition, the FTC negotiated a consent agreement with Massy to mitigate the anticipated adverse competition effect on the market for liquified petroleum gas (LPG). In conducting the assessment, the FTC […]
Read MoreCARICOM Competition Commission and Commonwealth Conference on Enforcement Practices and Emerging Trends in Consumer Protection
The CARICOM Competition Commission (CCC) is pleased to announce a closing conference to its Online Consumer Protection Course for consumer protection officials and competition officials in the CARICOM Single Market and Economy (CSME), to be held virtually on 15th June 2023, at 11am ECT or 4pm UK. CCC press release
Read MoreCase No. 8207-22 PanJam and Jamaica Producers. M&A Case Report
In November 2022, PanJam Investment Ltd (‘PanJam’) and Jamaica Producers Group (‘JP’) entered an amalgamation agreement that would effect a combination of the material assets of both companies. The amalgamation would result in JP’s operational assets and liabilities being transferred in a new subsidiary JP Holdings Limited and JP transferring the shares in JP Global […]
Read MoreAssessment of Spur Trees Jamaica Limited Acquisition of Controlling Interests In Canco Limited
Spur Tree Spices Jamaica (‘Spur Tree’), which manufactures, distributes and sells wet seasonings and sauces, has acquired majority shareholding in Canco Limited (‘Canco’). Canco trades as Linstead Market and is involved in the agro-processing of foods such as canned ackee and canned callaloo. Spur Tree had responded to an expression of interest from Canco’s directors […]
Read MoreFTC Statement on Strike by Transport Operators
The Fair Trading Commission (FTC) is monitoring reports regarding the ongoing coordinated action by transport operators to withdraw their services on November 14-15, 2022. The Fair Competition Act (FCA) prohibits coordinated action by competitors. Specifically, section 18 of the FCA prohibits persons who compete with each other from agreeing to prevent, restrict or limit […]
Read MoreCase No. 8185-21 Red Stripe Case Report
See the link below for the FTC investigation into D&G’s Full-for-Empties policy under sections 19-21 of the Fair Competition Act (FCA), which prohibit any action of an enterprise occupying a dominant position in a market from abusing its dominance to the detriment of effective competition. The overall conclusion of the investigation is that the implementation […]
Read More