Name: |
Fair Competition Act, 2002 (No. 19). |
Country: |
Barbados |
Subject(s): |
Economic and social policy |
Type of legislation: |
Law, Act |
Adopted on: |
2002-11-21 |
Entry into force: |
|
Published on: |
Official Gazette, 2002-11-28, pp. 1-36
|
ISN: |
BRB-2002-L-64025 |
Link: |
https://www.ilo.org/dyn/natlex/natlex4.detail?p_isn=64025&p_lang=en |
Bibliography: |
Official Gazette, 2002-11-28, pp. 1-36
|
Abstract/Citation: |
Seeks to promote, maintain and encourage competition. Prohibits prevention, restriction or distortion of competition and abuse of dominant positions in trade in Barbados and within Caricom Single Market and Economy. Also aims at ensuring that all enterprises, irrespective of size, have opportunity to participate equitably in market. Divided into 10 parts. Part 1 contains preliminary provisions. Part 2 establishes Fair Trading Commission. Part 3 provides for anti-competitive agreements, abuse of dominant position, merger and interlocking directorships. Part 4 deals with resale price maintenance. Part 5 regulates authorisations. Part 6 provides for anti-competitive business conduct. Part 7 deals with enforcement and appeals, Part 8 with offences, Part 9 with Community Competition Commission, and Part 10 contains miscellaneous provisions. |