The following Competition guidance note Produced in partnership with Clarke Gittens Farmer provides comprehensive and up to date legal information covering:
A conversation with Nicola A. Berry, partner and Olivia N.D. Burnett, senior associate at Barbadian law firm Clarke Gittens Farmer, on key issues on merger control in Barbados.
NOTE–to see whether notification thresholds in Barbados and throughout the world are met, see Where to Notify.
The Barbados Fair Trading Commission (the Commission) recently reviewed and determined two mergers in the insurance sector i.e. the merger of Sagicor General Insurance Limited and Harmony General Insurance Company Limited and the merger of Alignvest Acquisition II Corporation and Sagicor Financial Corporation Limited.
The decisions note the Commission’s view that there is a distinction between the distribution of life and non-life products in its assessment of the market conditions in Barbados. Also, the decisions highlight the Commission’s use of authorities from the United States, Canada, Australia and the European Union in its review of local mergers. A copy of the Commission’s decisions may be accessed here.
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