The document discusses fair competition and consumer protection laws in Jamaica. It notes that the Fair Competition Act of 1993 aims to promote efficiency, lower prices, better quality and variety for consumers. It outlines different types of competition businesses can engage in, including price and non-price factors. The document provides guidance to businesses on complying with laws regarding misleading advertising, pricing consistency, training staff, and avoiding cartel activities like price fixing. It is a summary of a workshop held by the Fair Trading Commission on business practices and consumer rights.

1. Fair Trading Commission
March 24, 2015
Mobile Business Clinic (Mandeville)
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2.  Promote efficiency in the production and
distribution of products
 Promote lower prices, better quality and
greater variety of products
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3.  Fair Competition Act, 1993
 Applicable to all businesses in Jamaica
 Benefits both businesses and consumers
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4.  Price competition
 Nonprice competition
• Product quality
• Customer service
• Packaging
• Creating new products/services
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6.  Section 37 of the Fair Competition Act-
Misleading advertising
 Provide customers with material information
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8.  Consistency
• Advertising methods (flyers, newspapers)
• Advertised vs. actual product/service
 Provide information about your refund policy
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9.  Sensitize staff about products or services
 One price should be attached to a product
• Section 39 of the FCA- Double ticketing
 Price on shelf should be the same as price at
cash register
• Section 41 of the FCA- Sale above advertised price
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10.  Cartels
• Price fixing
• Market allocation
• Market division
• Bid rigging
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13. Questions
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14. THE END
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