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ARTICLE · 08 AUGUST 2012

Guernsey Competition Law

Collas Crill
Collas Crill
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Collas Crill

Collas Crill

Firm Details: Chief Executive Officer: Jason Romer Managing Partners: Bermuda: Lilla Zuill, BVI:...

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Guernsey's new competition legislation comes into effect today, prohibiting anti-competitive agreements and seeking to ensure that businesses do not abuse a dominant position within the Guernsey marketplace.

GuernseyAntitrust/Competition Law

Guernsey's new competition legislation comes into effect today, prohibiting anti-competitive agreements and seeking to ensure that businesses do not abuse a dominant position within the Guernsey marketplace.

The legislation has led to the creation of the Guernsey Competition and Regulatory Authority which will work with the Jersey Competition and Regulatory Authority under the title of the Channel Islands Competition and Regulatory Authorities ("CICRA"). The legislation also requires that certain mergers and acquisitions be approved by the relevant authorities.

As a result of the new legislation and combined approach of CICRA, Collas Crill has formed a competition team led by Jason Romer to assist businesses in both Guernsey and Jersey. The new team combines the firm's historic expertise in relation to Jersey's competition law and Guernsey utilities regulation with Guernsey lawyers from the firm's risk and regulatory practice. In Guernsey, Collas Crill has been

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