Temporary and limited exemption to the Competition Law to enable Guernsey Airtel Limited to exit the market by way of acquisition by Sure (Guernsey) Limited

Committee for Economic Development - P.2023/68

The States are asked to decide: -

Whether, after consideration of the policy letter entitled 'Temporary and limited exemption to the Competition Law to enable Guernsey Airtel Limited to exit the market by way of acquisition by Sure (Guernsey) Limited' dated 19 th June 2023 they are of the opinion: -

1. To agree that given the broader benefits that can be secured for the jurisdiction, there are good public policy reasons to enact an Ordinance to create a temporary and limited exemption from the Competition (Guernsey) Ordinance, 2012 in order to enable Guernsey Airtel Limited to exit the market by way of acquisition by Sure (Guernsey) Limited.

2. To approve the draft Ordinance entitled "The Competition (Time Limited Exemption) (Guernsey) Ordinance, 2023" as set out in Appendix 2 to the Policy Letter, and to direct that the same shall have effect as an Ordinance of the States, and

3. If proposition 2 is agreed, pursuant to section 2 of the Competition (Time Limited Exemption) (Guernsey) Ordinance, 2023, to direct the Guernsey Competition and Regulatory Authority to impose the conditions listed in Appendix 1 to the Policy Letter on Sure (Guernsey) Limited by way of licence modification, if the Authority is notified of an agreement between Sure (Guernsey) Limited and Guernsey Airtel Limited pursuant to section 1 of that Ordinance.

The above Propositions have been submitted to His Majesty's Procureur for advice on any legal or constitutional implications in accordance with Rule 4(1)(c) of the Rules of Procedure of the States of Deliberation and their Committees.