CARICOM Competition Commission floats concerns about Scotiabank deal
https://www.stabroeknews.com/2019/news/guyana/04/03/caricom-competition-commission-floats-concerns-about-scotiabank-deal/ CARICOM’s Competition Commission (CCC) has “reached out” to the local Competition and Consumer Affairs Commission (CCAC) following an assessment of the impact the proposed sale of Scotiabank assets in nine Caribbean territories is likely to have on the regional...
CARICOM Competition Commission for close scrutiny of Scotiabank deal here
https://www.stabroeknews.com/2019/news/guyana/04/08/caricom-competition-commission-for-close-scrutiny-of-scotiabank-deal-here/ With a preliminary assessment that Guyana is one of three countries where Republic Bank’s takeover of Scotiabank could have anti-competitive effects, the CARICOM Competition Commission (CCC) has written to the Guyana Competition and Consu-mer Affairs Commission (CCAC) to assist...
CCAC Board rules against errant suppliers- Six businesses to refund $788,000 to consumers
https://www.kaieteurnewsonline.com/2019/04/10/ccac-board-rules-against-errant-suppliers-six-businesses-to-refund-788000-to-consumers/ The Board of Commissioners of the Competition and Consumer Affairs Commission (CCAC) recently ruled against six suppliers who were found guilty of committing several breaches of the Consumer Affairs Act of 2011. This was disclosed by the CCAC’s Public...
Guyana fines shipping terminal cartel
https://globalcompetitionreview.com/article/1180530/guyana-fines-shipping-terminal-cartel The Shipping Association of Guyana is appealing against a €17 million fine levied by the country’s competition authority against five of the industry group’s members for allegedly colluding to impose coordinated fees on certain haulage companies.
Shippers appealing $3.8M fine each, in haulage fee case
https://www.kaieteurnewsonline.com/2019/02/17/shippers-appealing-3-8m-fine-each-in-haulage-fee-case/ The Shipping Association of Guyana (SAG) says it is moving to appeal a recent decision by a regulator slap members with a multi-million-dollar fine.The fines pertains to what the Competition and Consumer Affairs Commission (CCAC) says were an unfair...
Shipping Association to appeal ‘price fixing’ ruling
https://www.stabroeknews.com/2019/news/guyana/02/16/shipping-association-to-appeal-price-fixing-ruling/ The Shipping Association of Guyana (SAG) yesterday said it is engaging legal counsel to appeal the recent ruling of the Competition and Consumer Affairs Commission (CCAC), which found it guilty of “price fixing” in the handling of containers and...
Shipping Association of Guyana to appeal Competition Commission’s GYD$19.2 million price fixing fine
http://demerarawaves.com/2019/02/15/shipping-association-of-guyana-to-appeal-competition-commissions-gyd19-2-million-price-fixing-fine/ The Shipping Association of Guyana (SAG) on Friday said it was preparing to appeal a decision by the Competition and Consumer Affairs Commission (CCAC) in which five shipping terminal operators were guilty of fixing prices for hauling shipping containers and...
Shipping companies slapped with $$$M fines over unfair haulage fees
https://www.kaieteurnewsonline.com/2019/02/13/shipping-companies-slapped-with-m-fines-over-unfair-haulage-fees/ The country’s competition regulator has slapped fines on a number of shipping companies for alleged price fixing.According to the Competition and Consumer Affairs Commission (CCAC), it has ruled unanimously against the Shipping Association of Guyana (SAG) in a price...
CCAC rules against shipping body in price-fixing complaint
http://guyanachronicle.com/2019/02/13/ccac-rules-against-shipping-body-in-price-fixing-complaint THE Competition and Consumer Affairs Commission (CCAC) has ruled against the Shipping Association of Guyana (SAG) in a price-fixing case following a complaint filed against the body by businessman Mahindranauth Jaikarran owner of JD Transport Services. The complainant provides...
Competition Commission rules against Shipping Association in price-fixing case
http://guyanachronicle.com/2019/02/13/competition-commission-rules-against-shipping-association-in-price-fixing-case THE Competition and Consumer Affairs Commission (CCAC) has ruled unanimously against the Shipping Association of Guyana (SAG) in a price-fixing case stemming from a complaint brought by businessman Mahindranauth Jaikarran. Jaikarran is the owner of JD Transport Services.The complainant...