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JIS News

Commissioner of the United States Federal Trade Commission (FTC), William E. Kovacic, is slated to address participants at the seventh staging of the annual Shirley Playfair Lecture series on September 6.
The event, which will be held at the Knutsford Court Hotel in Kingston commencing at 5:30 p.m., will explore the role of competition in regulated sectors.
Mr. Kovacic, who before his appointment to the United States FTC on January 4 this year, was a Professor of Government Contracts Law at George Washington University Law School, had previously served the United States FTC as General Counsel from 2001 to the end of 2004.
Explaining this year’s theme, Executive Director of the Fair Trading Commission in Jamaica, Barbara Lee told JIS News that, “there is a growing need for us to be certain of what the relationship should be between competition and regulation.we need to see how the two disciplines operate together, how they interface”.
The one-day event will focus on improving the knowledge base of businesses, both large and small, professionals, producers of goods and services, students and the judiciary on the relationship between the two aspects of trading.
While placing emphasis on the judiciary, the Executive Director informed that, “there are going to be cases that will go to the courts from time to time and our judges need to have a good knowledge base as to what they are looking at, what certain concepts are in competition enforcement, so that their judgments can reflect that knowledge, which will inure to the building of a jurisprudence”.
The lecture will also see the participation of a number of professional groups, including the Bar Association, the Financial Services Commission (FSC), and the Medical Association of Jamaica, among others. The Fair Trading Commission, an agency of the Ministry of Industry, Technology, Energy and Commerce, hosts the Lecture each year in honour of the Commission’s former Chairman, Shirley Playfair, who was serving in that capacity at the time of her tragic death on April 13, 2000.
Mrs. Lee pointed out that persons have become more aware of what competition is about, the roles and functions of the Fair Trading Commission and the impact of competition enforcement on the Jamaican economy since the inception of the series.