Press Releases
Case 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 MoreStaff Opinion on 1.5% Minimum Co-broking Commission on Real Estate Sale
See the link below for the Staff Opinion on the question of whether the Realtors Association of Jamaica could require its members to pay a minimum commission of 1.5% when two real estate companies are involved in the sale of a property. The FTC concluded that the implementation of a minimum commission and/or minimum commission […]
Read MoreCompetition Assessment of the Land Surveyors Act
See the link below for the FTC’s Competition Assessment of Land Surveyors Act, which examines the process through which Land Surveyors are certified by the Land Surveyors Board. It is alleged that the industry is suffering from entry restrictions which are negatively impacting its expansion. The assessment outline 5 regulatory options and concluded that a […]
Read MoreT&T FTC Study Visit
The Jamaica Fair Trading Commission (FTC) continues to facilitate competition law and policy development within the CARICOM region through information sharing and discussions on best practices. From July 18 to 20, 2022, the FTC hosted the Trinidad & Tobago Fair Trading Commission’s Senior Legal Counsel Ms Kristle Maharaj, in a study visit. As a result, […]
Read MoreHyperscalers Market Study Proposal – Stakeholder Consultation
The FTC invites comments from any interested party on its proposed study (Study Proposal) of the competition impact of hyperscalers on the local communication sector. The FTC will consider your comments on the proposed issues outlined and/or other possible issues. Those responding should support their views with relevant evidence where possible, by email to the […]
Read MoreFTC Presentation to Caribbean Governance Week
Mr. David Miller, Executive Director, participated in Governance Week 2022, hosted by the Caribbean Governance Institute from June 27 to July 1, 2022. The theme was “Developing the conscience of the board”. Mr. Miller participated on Day 2 – Governance of the Private Sector, where he was a member of the panel that discussed “Engaging […]
Read MoreICN Presentations – Frenemies
“Mr. David Miller, Executive Director, participated in two sessions at the 2022 Annual Conference of the International Competition Network (ICN), held May 4-6, 2022, in Berlin, Germany. In the Breakout Session entitled “Frenemies – when a regulator’s objectives conflict with those of a competition agency”, Mr. Miller highlighted the FTC’s experience in interacting and collaborating […]
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