The Fair Training Commission (FTC) is advising on its website that on the 24 November, 2014 an application was received from Cable & Wireless Communications Plc and Columbus International Inc seeking permission to merge the local subsidiaries (C&W and LIME) in Barbados in accordance with Section 20 (7) of the Fair Competition Act.
Pursuant to its remit the FTC has invited “all service providers, businesses, representatives of consumer groups, non-governmental organisations, residential consumers and all other parties with an interest in this matter, to submit their comments on the merits or demerits of the proposed merge”.
The FTC has attracted strong criticism from the general public because it is perceived as an entity that is pro utilities in its rulings. The public has an opportunity to participate in an online survey under the cloak of anonymity – see survey as well as to share concerns about the proposed merger of LIME and C&W in Barbados.
Barbados Underground is firmly of the view a merger of the two entities will bring monopoly into play, again. Further, it makes a mockery of the decision to deregulate the local market which has allowed Digicel and other players to introduce competition to the local market. We therefore vote NO to the proposed merger.
The blogmaster invites you to join the discussion.