Recently, the CARICOM COMPETITION COMMISSION defined five key issues of competition policy:

For a Competition Culture the existence of competition law,  mechanisms for the resolution of cases, skilled professionals, the existence of competition agencies and public awareness are needed.

By 2014 we may expect a draft legislation for Suriname.

See http://caricom.org/jsp/community_news/developing_a_competition_culture_in_caricom.pdf


DEVELOPING A COMPETITION CULTURE IN CARICOM
The Role of the CARICOM Competition Commission
Economists and legal scholars around the world have long recognised the benefits of
competition to consumers and to the economy in general. However, it is also acknowledged
that in order for effective competition to take place, an environment that supports rivalry
among firms must first be created.
Many perceive competition culture to be closely related to the age of the market
economy and subsequently the experience of the competition authority. The CARICOM
Competition Commission (CCC) on the other hand takes a wider view of what competition
culture entails. For this agency, competition culture relates to the manner in which firms,
consumers and the public sector act in given market situations. Based on this broader idea
of competition culture, the CCC sees competition enforcement as only part of a larger set of
components that collectively determine individual or group behaviour in product markets.
The full set of components comprising competition culture is illustrated in the diagram
below.
Since its establishment in 2008, the CCC has sought to take a leading role in the
development of CARICOM’s competition culture by dealing with each of the abovementioned
components.

Competition Culture

Existence of competition law

Resolution of cases

Skilled professionals

Existence of competition agencies
Public Awareness

In the area of competition law, the CCC continued to encourage Member States to
enact the necessary legislation and to establish national competition authorities in
accordance with Article 170 of the Revised Treaty of Chaguaramas. To date, the agency has
provided technical support to the countries of Suriname and Belize. For Suriname, support
came in the form of assisting the country in drafting its national competition legislation. This
legislation is expected to be presented to the country’s parliament in 2014. Regarding
Belize, technical assistance was provided in finalising the documents needed to access
funding under the 10th European Development Funds that the country could soon establish
its national competition authority.
Given that competition culture also involves developing the public’s awareness of the
advantages of implementing competition rules, the CCC has made this activity an annual
component in its work plan. Over the years, the CCC has carried out educational activities,
utilised printed and visual media channels, and published pamphlets in relation to the
potential benefits of competition law and policy in the region. In the upcoming months the
CCC will add to its information sharing platform by establishing its own website. In this way,
general information and regional developments on competition policy and consumer
protection will be readily available to the public.
Moreover, the CCC will engage the competition agencies in CARICOM in establishing
a regional advocacy programme. This advocacy programme would seek to develop work
products that illustrate the benefits of competitive product markets to specific target groups
such as the media, consumers, businesses and government agencies. Also planned will be
the drafting of a document highlighting the experiences of competition agencies in the
region in the area advocacy.
The CCC also notes that preserving competitive markets in CARICOM is also largely
dependent on the availability of skilled economists and legal professionals who are familiar
with the intricacies of competition law and policy. In this regard, the agency has committed
itself to ensuring that modules on competition law and the economics of competition are
included in the curricula of the universities located in the region. In the interim, however,
over the past 5 years the CCC has held several workshops for the judiciary, government
officials, and businesses aimed at enhancing the knowledge on competition law of these
respective groups. The workshops conducted for the judiciary in 2010 were especially
recognised by the ACP/EU Trade.Com facility as a “best practice” and as a model for other
African, Caribbean and Pacific (ACP) regions to follow.
This year the CCC intends to resume its work in capacity building. Several workshops
are already planned for the promotion of the CCC’s Rules of Procedure in the countries of
Jamaica, Belize and Trinidad and Tobago. At these workshops other presentations will be
made to sensitize various interest groups about competition law and Chapter VIII of the
Revised Treaty of Chaguaramas.
For any more information about the work of the CCC please feel free to direct your
queries to admin@ccc.sr.