CCJ dismisses TCL’s claim against Competition Commission

13 Nov 2012

The CCJ yesterday dismissed a claim by Trinidad Cement Limited (TCL) against the CARICOM Competition Commission. The CCJ also ordered the parties to make submissions on the issue of court costs within 21 days.

TCL’s case arose from the first matter undertaken by the Commission in fulfilment of its role under the Revised Treaty of Chaguaramas (“the Treaty”) to protect and promote competition within the Community.  The Commission has divided itself into two Panels and, unknown to TCL, the Investigating Panel had initiated and conducted an investigation of alleged anti-competitive business conduct by TCL.  Following the investigation, the Commission instructed TCL to appear at an Enquiry so that the Commission’s Adjudicating Panel could adjudicate on the matters raised in the investigation.

 

Access the full Media Release here: MEDIA RELEASE 23-2012