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Trinidad and Tobago Fair Trade Commission
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A Guide to the Fair Trading Act

Click here or on the image opposite to download your copy (.pdf) of the guide

The purpose of this guide is to help understand the main provisions of the Fair Trading Act (FTA).

The FTA is the first law of its kind enacted in Trinidad and Tobago. It introduces certain provisions
of conduct in the market, creates the institution in charge of its enforcement (the Fair Trading
Commission or FTC), and determines the penalties and enforcement measures.

The substantive provisions contained in the FTA can be divided into two groups: Provisions
regulating the structure of the market, in the form of merger regulations; and provisions that refer
to the conduct of enterprises, reflected in the prohibition of anticompetitive agreements and abuse
of monopoly power. This guide refers to the second group only. A specific guideline dealing with
mergers was issued by the FTC in the year 2020.

The guide is divided into three sections. The first section defines certain basic concepts, relevant
to having a better understanding of the FTA. The second section refers to the substantive provisions
of the FTA, describing the agreements and conducts that are illegal and, thus, subject to
enforcement actions. Finally, the last section summarizes the functions and powers of the FTC,
the investigation process, and possible penalties for infringement of these substantive provisions.

In the context of this guide, reference to goods or products should be understood to also cover
services. Provisions related to the sale of such products or services include the purchasing markets
as well.

Trinidad and Tobago Fair Trade Commission

© 2017, Fair Trading Commission.
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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

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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
    • Media Releases
    • Speeches
  • Media
    • TTFTC In the News
    • Photos & Videos
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