window.onload = function () { document.getElementsByClassName("header__logo-link")[0].href = 'http://www.oecs.org/'; var link_home = document.createElement('a'); link_home.setAttribute('href', 'http://www.oecs.org/'); link_home.innerHTML = '← Back to the Homepage | '; var link_room = document.createElement('a'); link_room.setAttribute('href', 'https://pressroom.oecs.org/'); link_room.innerHTML = ' Back to the Newsroom'; var media_centre = document.createElement('h1'); media_centre.innerHTML = 'Media Centre'; var link_container = document.createElement("div"); link_container.className = 'link_container'; link_container.appendChild(link_home); link_container.appendChild(link_room); link_container.appendChild(media_centre); var section = document.getElementById("header-mobile"); section.insertBefore(link_container, section.firstChild); };
OECS and CARICOM to hold joint session in support of OECS Competition Authority

OECS and CARICOM to hold joint session in support of OECS Competition Authority

OECS Media Release

On November 24, 2017 the Commissioners of the CARICOM Competition Commission (CCC) will convene a meeting at the Coco Resort in St. Lucia. On the Agenda is a joint session with the OECS Commission to support the establishment of an OECS Competition Authority. 

Article 170(2) of the Revised Treaty of Chaguaramas (RTC) requires every Member State of CARICOM to establish and operate a national competition authority to enforce the Community Competition Policy set out in Chapter 8 of the RTC, and support the implementation of the CARICOM Single Market and Economy (CSME). The Member States of CARICOM have agreed that due to the financial constraints of the OECS, an OECS Competition Authority would be in compliance with Article 170(2) and can operate as a national competition authority for each Member State.

The goal of the Community Competition policy is to ensure that the benefits expected from the establishment of the CSME are not frustrated by anti-competitive business conduct. Article 177 of the RTC requires Member States to prohibit as being anti-competitive business conduct, the following:

  1. agreements between enterprises, decisions by associations of enterprises and concerted practices by enterprises which have the object or effect the prevention, restriction or distortion of competition within the Community;
  2. actions by which an enterprise abuses its dominant position within the Community; or
  3. any other like conduct by enterprises whose object or effect is to frustrate the benefits expected from the establishment of the CSME.

OECS Member States on June 18th 2010 at Gros Islet, St. Lucia, signed the Revised Treaty of Basseterre (RTB) to deepen and strengthen the Eastern Caribbean Economic Union (ECEU). The Protocol of the ECEU recognised the need for concerted action in order to ensure fair competition and equitable distribution of gains. Article 3 and Article 4 of the Protocol provides for the establishment of a common competition policy and the need to co-ordinate, harmonise and undertake joint actions and policies in the fields of regulatory and competition authorities. In this regard, the establishment of a single competition authority among OECS Member States will also advance the implementation of the RTB.

OECS Member States have made steady progress since 2009 to develop a draft OECS Competition Law. The OECS Commission continued this work under the 10th European Development Fund through sensitisation missions and consultations in each Member State.

This meeting will further support the OECS Commission with regard to institutional and legislative frameworks for competition enforcement, and discuss issues relating to financing of the OECS Competition Authority.

Information on the work of the OECS Commission can be viewed at www.oecs.org and the CARICOM Competition Commission at www.caricomcompetitioncommission.com.

Contact us
Clarence Henry Programme Officer, Regional Integration, Organisation of Eastern Caribbean States
OECS Communications Unit Organisation of Eastern Caribbean States
Clarence Henry Programme Officer, Regional Integration, Organisation of Eastern Caribbean States
OECS Communications Unit Organisation of Eastern Caribbean States
About The Organisation of Eastern Caribbean States

Back to www.oecs.int

The Organisation of Eastern Caribbean States (OECS) is an International Organisation dedicated to economic harmonisation and integration, protection of human and legal rights, and the encouragement of good governance among independent and non-independent countries in the Eastern Caribbean. The OECS came into being on June 18th 1981, when seven Eastern Caribbean countries signed a treaty agreeing to cooperate with each other while promoting unity and solidarity among its Members. The Treaty became known as the Treaty of Basseterre, so named in honour of the capital city of St. Kitts and Nevis where it was signed. The OECS today, currently has ten members, spread across the Eastern Caribbean comprising Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat, St. Kitts and Nevis, Saint Lucia, St Vincent and The Grenadines, British Virgin Islands, Anguilla and Martinique.

The Organisation of Eastern Caribbean States
Morne Fortune
Castries
Saint Lucia