Fake Samsung devices hit COVID-19 education efforts; Consumer Commission gets refunds for buyers
Several stores have been selling fake Samsung tablets to people who are eager to take advantage of Online teaching-learning devices, but the Competition and Consumer Affairs Commission (CCAC) says consumers have been complaining that many of the devices cannot download...
Guyana, Barbados take steps to foster closer trade ties
– by agreeing landmark “merger legislation” between their respective consumer protection agencies NOTING how collaborations with Barbados has helped highlight the need for stronger “merger legislation” here, Director of Guyana’s Competition and Consumer Affairs Commission (CCAC), Dawn Cush has praised...
Guyana, Barbados consumer agencies sign cooperation agreement
Guyana’s Competition and Consumer Affairs Commission (CCAC) and the Barbados Fair Trading Commission (BFTC) have signed an agreement to formalise and advance cooperation between the two agencies. Director of CCAC, Ms. Dawn Kush, and Chief Executive Officer of the BFTC,...
Gov’t working to recover monies invested in Ponzi scheme
“Our main priority is to ensure that if this scheme is unlawful, and from all indications it is unlawful, then our main priority is to ensure that the persons who have put money into this scheme are reimbursed…we also have...
17,000 persons affected by Ponzi scheme
– major probe launched THE Guyana Securities Council (GSC) has written to President, Dr. Irfaan Ali; Vice- President, Dr. Bharrat Jagdeo and Police Commissioner (ag), Nigel Hoppie, informing them of a suspected Ponzi scheme operating in Guyana, according to Attorney...
Businesses warned against ‘no refund-no return’ policy
THE Guyana Competition and Consumer Affairs Commission (CCAC) is mulling the publication of the names of businesses promoting a “no-refund-no-return” policy, which is an offence according to the Consumer Affairs Act. In 2019, the CCAC embarked on a countrywide campaign...
https://www.stabroeknews.com/2020/08/07/news/guyana/consumers-urged-to-be-on-alert-for-fraudulent-get-rich-schemes/
The Competition and Consumer Affairs Commission (CCAC) today advised members of the public to be wary of Pyramid and Ponzi schemes which are disguised as legitimate investments. The CCAC in a statement said that the warning is being issued in...
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...