Bridgetown.
Investigations by the Fair Trading Commission (FCC) has revealed an abuse of dominance by businesses operating in five key sectors in Barbados.
Chief Executive Officer of the FCC Peggy Griffith said yesterday, the organization had zero tolerance for such unfair practices and would make a strong effort to end such infringement of the Fair Competition Act.
Griffith told a two workshop on Competition and Policy at the Accra Beach Hotel and Spa, the FCC have discovered cases of discriminatory pricing, exclusive dealing and refusals to suppy.
She said the FCC wich carries out between 20 and 25 serious investigations each year, was concerned about such issues as fee setting in the proffessions, selection of valuers used by commercial banks and bid rigging in public procurement.
