GCRA - Half Year Report 2023
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HALF-YEAR REPORT<br />
FOR <strong>2023</strong><br />
Supporting and maintaining<br />
well-functioning markets<br />
Keeping the operation of markets and regulated companies under<br />
review to identify and address new forms of detriment and issues for<br />
potential action, and thereby to promote trust in markets.<br />
The <strong>GCRA</strong> believes that trust in markets us supported when: the rules are applied equally<br />
and impartially, consumer perception of value and choice is positive, and the regulatory<br />
framework is transparent, proportionate, and adaptable.<br />
Competition law investigation in medical sector<br />
The <strong>GCRA</strong> took a stance against excessive post-employment non-compete restrictions to<br />
foster entrepreneurship, worker empowerment, and economic growth. This was initiated<br />
by a complaint about a five year restriction being enforced by the Medical Specialist Group.<br />
The concern was based on the need for innovation and free movement of talent, where<br />
unfair restrictions hinder the growth of businesses and the economy in Guernsey. While<br />
non-compete clauses can protect intellectual property, they are often used excessively to<br />
prevent employees from working with competitors or starting their own businesses. <strong>GCRA</strong>’s<br />
stance has already led to positive developments in local healthcare, such as First Contact<br />
Health’s improved accessibility as well as changes to practices at the Princess Elisabeth<br />
Hospital such as acceptance of MRIs scans from other specialists than the MSG.<br />
Competition law investigation in<br />
mobile market<br />
This investigation concluded in 2021<br />
with a finding of a contravention under<br />
the competition law with a financial<br />
penalty being issued in July 2022. The<br />
contravention decision was appealed to<br />
the Royal Court and the appeal was heard<br />
in November <strong>2023</strong>. The appeal against<br />
the financial penalty was stayed, pending<br />
the outcome the appeal against the<br />
contravention decision.<br />
The <strong>GCRA</strong> believes<br />
that trust in markets<br />
is supported when:<br />
the rules are applied<br />
equally and impartially,<br />
consumer perception<br />
of value and choice<br />
is positive, and the<br />
regulatory framework<br />
is transparent,<br />
proportionate,<br />
and adaptable.<br />
The Authority has sought to promote fair competition, consumer protection, and economic<br />
growth, allowing businesses to attract talent without unnecessary barriers, thereby<br />
contributing to a more vibrant economy in Guernsey. The matter went to the Royal Court<br />
where the <strong>GCRA</strong>’s decision to prevent the effect of five year restrictions was not appealed<br />
against, but the Royal Court remitted the decision back to the <strong>GCRA</strong> to redo the decision to<br />
prohibit its two year restrictions based on the guidance given by the Court.<br />
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