The Bill seeks, inter alia, to establish a Fair Trading Commission, to promote and maintain effective competition in the economy and to ensure that competition is not distorted, restricted or prevented in Trinidad and Tobago to the detriment of the community. It would also establish a Community Competition Commission that would deal with issues involving anticompetitive conduct in another member state which has the effect of lessening competition in Trinidad and Tobago.
The resulting Act (Act 13 of 2006) is awaiting proclamation.
Parts IV, V and V were proclaimed on 26 April 2007. Legal Notice 98 of 2007.
|Bill No.:||Senate Bill 2 of 2006|
|Introduced in:||The Senate|
|Introduced by:||The Honourable Kenneth Valley [Minister of Trade and Industry and Minister in the Ministry of Finance]|
|Published in Gazette on:||31-Mar-2006, Vol.45 No.53|