The Fair Trading Commission (FTC) was established in 1993 as the agency responsible for administering the Fair Competition Act (FCA), Jamaica’s competition legislation. Accordingly, the main functions of the FTC are to investigate commercial activities to determine whether business enterprises are engaging in anti-competitive practices; and to undertake and publicize information regarding matters affecting the interest of consumers.
The FCA was promulgated to ensure that the benefits of the completion process in Jamaica are not hindered by anti-competitive activity; and is made up of two broad categories of prohibitions – those dealing with anti-competitive behaviour and those dealing with consumer protection. The objectives of the Act are to:
Some of the issues covered by the FCA are abuse of dominance, exclusive dealing, market restriction, price fixing and misleading advertising.
Welcome to the official website of the Ministry of Industry, Investment and Commerce.
The Ministry of Industry, Investment and Commerce is described as Jamaica's "Business Ministry." It's mandate is to lead the development of policies that will create growth and jobs, while achieving social inclusion and consumer protection. The Ministry, working its stakeholders is primarily responsible for business policy development, monitoring and evaluation, while giving direction and oversight to a cluster of implementing departments and agencies.
We have, therefore, placed much energy and enthusiasm into the development of this website to provide timely information on the Ministry, our agencies and programmes.