Promoting Competition and Market Fairness in Bermuda

The Ministry of Home Affairs is advancing the Government’s commitment, made in the 2024 and 2025 Throne Speeches, to introduce modern competition legislation in Bermuda. As part of this work, the Ministry is consulting the public and stakeholders on the Government’s policy on Market Fairness in Bermuda.

The policy provides the foundation for a proposed Competition Act 2026. The proposed law would establish rules to promote fair competition, address harmful business conduct, and provide for the review of certain mergers and acquisitions in essential sectors. Four principles govern the design: proportionality to Bermuda’s economic scale, a focus on harmful conduct rather than market position itself, priority attention to seven essential sectors, and transparency through the publication of key regulatory decisions and findings.

The Government’s core objective is markets that work fairly for the consumers and businesses that depend on them. The framework would address anti-competitive harm that adds avoidable pressure to the cost of living, while recognising the realities of operating in a small island economy.

The consultation is on the policy. The views received will shape the drafting of the Competition Act 2026 before the Government brings legislation to the Legislature.

Consultation remains open until 15 September 2026. All interested persons are encouraged to review the policy document and share their views on any aspect of the proposals.