Fair Trading Commission, Barbados - Utility Regulation. The Fair Trading Commission established on January 2, 2001 is the independent regulator of the supply and distribution of electricity as well as domestic and international telecommunications services and natural gas. The Utility Regulation Department currently oversees two utility companies – the Barbados Light& Power Company Ltd. (electricity) and Cable & Wireless (Barbados) Ltd. (telecommunications). One of the prime functions of the Division, in respect of utilities regulation, is establishing principles for arriving at the rates to be charged. The Commission is guided by sector policy and seeks to protect consumers by setting fair and reasonable rates; encouraging investment by allowing efficient operators to earn a reasonable return on capital; and promoting efficiency in the provision of the utility service.
Under the Telecommunications Act the Commission is also obligated to formulate the policy of market liberalisation and competitive pricing. St Maarten Bureau Telecommunication and Post | SXM Regulator. Welcome to Bureau Telecommunications and Post Website. Telecommunications Authority of Trinidad and Tobago. Office of Utilities Regulations. Welcome - Utilities Regulation and Competition Authority. Eastern Caribbean Telecommunications Authority: Home.