WILLEMSTAD - An appellate decision has affirmed that the FTAC (Fair Trade Authority Curaçao) was justified in imposing a fine on the Dutch Caribbean Taxi Association (DCTA) two years ago. In 2020, the regulatory body received indications of potential price agreements within the tour and taxi industry.  

The FTAC subsequently requested information from all taxi associations and tour companies. However, the DCTA consistently declined to cooperate with this request, leading to a fine in 2021. The imposed fine on DCTA is significantly lower than the maximum penalty that the FTAC has the legal authority to impose, which can reach up to 1 million dollars for non-cooperative entities.