Channel Islands Competition and Regulatory Authorities
The Channel Islands Competition and Regulatory Authorities (CICRA) was the name given to the combined Jersey Competition Regulatory Authority and the Guernsey Competition and Regulatory Authority, which operate in the Bailiwick of Guernsey and the Bailiwick of Jersey in the Channel Islands. CICRA existed from 2010 to 2020: the authorities for Guernsey and Jersey now function independently. History. Formed in December 2010, CICRA was responsible for administering and enforcing the Competition (Jersey) Law 2005 and The Competition (Guernsey) Ordinance 2012. The purpose of the legislation is to prevent consumers being harmed by anti-competitive  or exploitative behaviour in the market. The decision to form a joint body was taken because of the similarity of needs and the reduction in duplication through economies of scale. Resources available to CICRA were limited. The joint body was disbanded in July 2020. Areas of responsibility. The areas of responsibility were: Board. CICRA's board comprised a chairman, three executive directors and three non-executive directors. There were fewer than ten staff spread between two offices in the two islands. Areas of contention. An investigation by CICRA into possible market abuse by a States of Guernsey contract in 2016  was blocked as the States refused to supply CICRA with the necessary funding. The investigation was dropped in January 2017. The ownership of regulated companies by the governments, such as Jersey Post and Guernsey Electricity, could produce conflicts.