Trinidad and Tobago Fair Trade Commission
  • TTFTC Home Page
  • About the TTFTC
    • Who is the TTFTC
    • What Can the TTFTC Do
    • Organisation Structure
    • Chairman & Commissioners
    • Executive Director
  • Policy Area
    • Why The TTFTC Supports Competition
    • International Affairs
  • Fair Trading Act
  • Publications
    • Cases
    • Presentations
    • Press Releases
    • Speeches
  • Media
    • TTFTC In the News
    • Photos & Videos
  • FAQs
  • Workshops & Seminars
  • Contact
CART
  • Facebook
  • Twitter
  • GooglePlus
  • Linkedin
Trinidad and Tobago Fair Trade Commission
Trinidad and Tobago Fair Trade Commission
  • About TTFTC
    • Who is the TTFTC
    • Chairman & Commissioners
    • Executive Director
    • What Can the TTFTC Do
    • Organisation Structure
    • Contact
  • Laws & Policies
    • Fair Trading Act
    • Merger Guidelines
    • Merger Notification Form
    • Freedom of Information Act Form
    • Why The TTFTC Supports Competition
    • International Affairs
    • FAQs
  • Complaints
    • Complaints Procedure
    • File a Complaint
  • Media & Publications
    • Cases
    • Presentations
    • Press Releases
    • Speeches
    • Surveys
    • TTFTC In the News
    • Photos & Videos
  • Essay Competition
  • Procurement
    • Procurement Notices
    • Annual Procurement
    • Request for Proposals
    • Tenders

What Can The TTFTC Do?

The TTFTC has certain powers that enable it to carry out its functions, some of which include the power to:

  • Carry out investigations.
  • Summon and examine witnesses.
  • Call for, require the production of and examine documents with respect to an investigation.
  • Direct an enterprise to take such steps as are necessary and reasonable in the circumstances.

TTFTC and the Court

The TTFTC can pursuant to the Fair Trading Act take to court any business or individual who has been found to have been carrying on anti-competitive practices and has failed to take corrective measures. The courts can then:

  • Prohibit the offending conduct.
  • Prohibit an agreement from being made or carried out.
  • Order that an agreement be modified or terminated.
  • Prohibit any specific conditions being attached to transactions.
  • Prohibit the acquisition of another company or impose appropriate conditions.
  • Impose fines (limited to 10% of annual turnover).

Some Special Advice from the TTFTC

The TTFTC has a responsibility to do as much as possible to ensure that its policies are coherent and properly communicated. As such, it offers the following suggestions:

  • Do not discuss prices with competitors.
  • Do not agree with competitors to restrict or increase levels of production.
  • Do not divide customers, markets or territories with competitors.
  • Do not require a customer to buy products only from you, unless you get the appropriate legal advice.
  • Do not agree with competitors to boycott suppliers or customers.
  • Ensure that your practices are in accordance with the Fair Trading Act.
Trinidad and Tobago Fair Trade Commission

© 2017, Fair Trading Commission.
Terms of Use | Privacy Policy

CONTACT US

Fair Trading Commission
Level 12, Nicholas Tower
63-65 Independence Square, Port of Spain,
Republic of Trinidad and Tobago

Tel: (868) 623-2931 ext. 2202/2209/2212/2213/2226
Fax: (868) 623-5445 Email: info@tandtftc.org

  • Facebook
  • Linkedin

SIMILAR AGENCIES

  • Regulated Industries Commission
  • Telecommunications Authority of Trinidad and Tobago
  • Trinidad and Tobago Securities and Exchange Commission
  • Fair Trading Commission, Barbados
  • Jamaica Fair Trading Commission
  • Caricom Competition Commission
  • Federal Trade Commission (U.S.A.)
  • Canada Competition Bureau
Trinidad and Tobago Fair Trade Commission
  • TTFTC Home Page
  • About the TTFTC
    • Who is the TTFTC
    • What Can the TTFTC Do
    • Organisation Structure
    • Chairman & Commissioners
    • Executive Director
  • Policy Area
    • Why The TTFTC Supports Competition
    • International Affairs
  • Fair Trading Act
  • Publications
    • Cases
    • Presentations
    • Press Releases
    • Speeches
  • Media
    • TTFTC In the News
    • Photos & Videos
  • FAQs
  • Workshops & Seminars
  • Contact
  • Facebook
  • Twitter
  • GooglePlus
  • Linkedin
Loading...