The Fair Trading Commission (FTC) is a Barbadian independent government agency under the Ministry of Energy and Business Development.
Additionally aims to educate and inform businesses and consumers about the requirements of the fair trading acts.
[1] However, by the turn of the century, it was determined that there was a need for a regulatory body with a wider mandate to help regulate areas such as business competition and consumers rights in general.
The Fair Trading Commission Act was passed on 31 December 2001 by the then Owen Arthur Administration to address these new requirements.
[2][3] The act came into force on 2 January 2001, replacing the Public Utilities Board with the Fair Trading Commission.