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Did You Know

  • The FTC must consult the public before making decisions on utility regulation matters.
  • The FTC has the power to stop a merger.
  • If you have been misled about the price or nature of goods or services, you must first let the business try to resolve it before contacting the FTC.
  • TELECOMMUNICATIONS SERVICES THE FTC REGULATES [pdf]
Fair Competition

Competitive markets keep businesses sharp. They force businesses to operate at the lowest costs, encourage continued research and innovation and allow for the efficient allocation of resources. They therefore are more likely to generate sustained employment, increased savings, and higher disposable incomes. 

Anti-competitive conduct disrupts such markets. They represent practices that seek the promotion of narrow special interests over and above those of the entire society. On this basis therefore there is a case for regulatory intervention to eliminate such practices, and restore the necessary competitiveness of the affected markets. The Fair Trading Commission under the Fair Competition Act fulfils this responsibility.

Under the Fair Competition Act introduced on January 3rd, 2003, our role has been to promote and maintain effective and healthy competition in the Barbadian market and prevent anti-competitive conduct.

There are several ways we carry out this duty. The division’s officers work at informing and educating businesses and consumers about the benefits of the competitive process and about their duties in ensuring that the process is protected.

They also monitor the business environment for the purpose of identifying and prohibiting any anti-competitive practices that would jeopardise and distort the competitive process.

If such behaviour is identified, the Commission has the power to investigate allegations of anti-competitive behaviour, obtain information by summoning witnesses, require the production of documents and if necessary bring action to court.

In this section, you will find lots of information on the work of this division, plus useful advice and resources. You will find links to our Legislation, Frequently Asked Questions and Publications . You will also find some helpful hints in the What is Anti-Competitive Behaviour section, which outlines what is considered anti-competitive behaviour. In addition, you can also educate yourself on the rules involved in making an application to the Commission for permission to effect a merger in the Merger Guidelines document.
Information for Consumers

 
2016 FTC Annual Report  [pdf]
 
2017 Annual Lecture Presentation   [pptx]
 
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Mr. John Davies, Senior Vice President of Compass Lexecon (Paris) delivers his presentation on Competition Policy and Economic Development – is there a link for Small Economies? to the audience at the FTC’s 13th Annual Lecture.