dinsdag 18 juni 2013


Why do we need competition law?

Competition law wants to support the functioning of the CARICOM Single Market and Economy (CSME) area.  Therefore, the rules of articles 175-179 Treaty of Chaguaramas  on the prohibition of anti-competitive business conduct and the abuse of a dominant position in a market ensure that enterprises do not prevent, restrict or distort competition in a manner that prevents the market from functioning properly. Consumer welfare is the main goal of competition law. 

Where to find consumer- and competition law in the CARICOM legislation?

The Treaty of Chaguaramas is regulating in chapter 8, art. 168- 186, competition policy and consumer protection. 

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