The Jersey Competition Regulatory Authority (JCRA) last week launched a consultation on whether small businesses on the Island should be exempted from the anti-competitive arrangements provisions of the Competition (Jersey) Law.
The Authority is also seeking comment from interested parties on whether certain types of commercial agreements, such as distribution agreements, should also be exempted, under a 'block exemption' provision.
Explaining the reasoning behind the consultation, JCRA executive director, Bill Brown announced that:
"Whether Exemption Orders under the Competition Law should be made is a very important issue, since they directly affect the compliance burden on businesses."
"We believe that any such exemptions should fully take into account local circumstances in Jersey, otherwise there is a risk that they will undermine the objectives of the Competition Law, or fail to achieve their purpose. We are therefore keen to receive as much feedback on this issue as possible, before advising the (Economic Development) Minister."
Responses are invited until October 20.
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