Technical assistance project in Jamaica: “Creating the framework for a merger review – competition law” (World Bank)
Lear is engaged in a new technical assistance project for the Planning Institute of Jamaica (the Client). The project is financed by the World Bank Group. The main objectives of this assignment are the following:
- To develop and draft new merger provisions in the Fair Competition Act (FCA) along with its supporting regulations as required.
- To ensure that the proposals reflect efficiency of merger control policy and control of unwarranted concentration of economic power so that the costs for businesses are proportionate to the expected benefits and investments in Jamaica.
- To conduct training for the Client‘s staff and relevant stakeholders in merger and acquisition to support the implementation of the proposed amendments to the FCA, regulations and guidelines.
Lear has been awarded the project in consortium with MENNS s.p.r.l. (Belgium).