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.
There are no recent developments regarding the Barbadian merger control regime. As far as we are aware, however, the Barbados Fair Trading Commission (the Commission) which regulates mergers in Barbados has indicated that it will be seeking to update the merger guidelines issued by them in the near future since it currently pre-dates the Fair Competition (Merger) Rules 2009 (the Rules).
In terms of 'hot' issues, at the end of 2017, the Commission ruled on the proposed acquisition of Barbados National Terminal Company Limited (BNTCL) by BNTCL Holdings Limited (a member of the SOL group of companies) (SOL). BNTCL is a subsidiary of The Barbados National Oil Company Ltd., a state-owned energy provider in the country of Barbados. BNTCL manages the storage and distribution of gasoline, diesel and heavy fuel oil, as well as the distribution of kerosene. BNTCL also stores aviation (jet) fuel and
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