Jersey’s freight and logistics sector is set to be scrutinised by the island's competition watchdog in the first of a series of market studies.
The purpose of the Jersey Competition Regulatory Authority's (JCRA) studies - which were announced in their 2021 Business Plan - is to identify areas that could be improved for consumers across different sectors of the economy.
“Given Jersey’s reliance on goods transported in and out, it’s vital that the Freight and Logistics market operates in a fashion that serves the Island well, now and for the future," Peter Hetherington, Senior Economic Case Officer, said.
"We plan to start the study in early autumn and we expect it to take six months to complete. The findings will be made public so that all stakeholders have an opportunity to review and comment.”
JCRA CEO Tim Ringsdore added: “This is an important area of the Authority’s work. Market studies can be used to promote a competitive environment as well as raise awareness of competition policy and its benefits. We would encourage all stakeholders to engage with the process to ensure the study is robust and transparent.”
The Authority has asked for expressions of interest from suitably qualified consultants to assist it in carrying out the review.
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