Are Water Authority and Light & Power as sole suppliers seeing numbered days? Only Industry Minister knows for sure…

A Cabinet minister hints that the few entities considered as monopolies may have numbered days, this while he praised the raising of knowledge and awareness on Competition Law and Policy, which is the focus at a CARIFORUM workshop at the Savannah Beach Hotel, Hastings, Christ Church.

Donville Inniss, Minister of Industry, addressed stakeholders including private sector organisations, professional bodies, sector regulators, public sector owned companies, media and consumer organisations, as well as academia.

Donville Inniss, Minister of Industry, addressed stakeholders including private sector organisations, professional bodies, sector regulators, public sector owned companies, media and consumer organisations, as well as academia.

He said the seminar is appropriate as Barbados ensures businesses operate under a legitimate framework which all can refer to should any discrepancies arise that may need equalising.

The St James South MP also says there's no need for local companies to fear globalization, since this allows them to search for more lucrative contracts on a more level playing field.

The St James South MP also says there’s no need for local companies to fear globalization, since this allows them to search for more lucrative contracts on a more level playing field.

The workshop forms part of the 10th European Development Fund, is an introductory Level 1 training programme designed to build institutional capacity within Barbados in the context of the implementation of the CARIFORUM-EU Economic Partnership Agreement.

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