“EFFECTIVE competition” is essential to the future of the Island’s construction sector, a regulator’s report has concluded.
The report by the Jersey Competition Regulatory Authority confirms the vital role that construction plays in Jersey’s economy, and the challenges the sector continues to face – from limited consumer choice in some areas and rising costs, to structural issues unique to the Island.
The authority’s chief executive Tim Ringsdore said: “Since publishing our draft report in April, we’ve heard loud and clear from businesses and consumers that there are real concerns about how the construction sector operates – and we’re committed to further surveillance of the market.
“This isn’t about pointing fingers – it’s about building a stronger, fairer sector. Jersey needs a thriving construction industry to deliver homes, infrastructure and jobs. Effective competition is key to making that happen.”
Mr Ringsdore said the regulator was committed to looking further into potential anti-competitive practices, with specific focus areas including aggregates and concrete, residential construction and freight logistics.
The authority has urged anyone with information about anti-competitive behaviour to come forward in confidence by emailing competition@jcra.je
