The Trinidad and Tobago Fair Trading Commission (TTFTC) is warning private and public sector companies to stop engaging in anti-competitive practices now or they will soon face legal jeopardy.
The TTFTC is currently without power to take action against local companies trading unfairly, as specific parts of the Fair Trading Act, which enables it to do so, have not yet been proclaimed.
But Commission chairman Dr. Ronald Ramkissoon is warning companies that the legislation will be fully proclaimed in the coming months, and once unfair activities are brought to the TTFTC’s attention, it will take action.