Agency Name: | Fair Trade Commission |
Nativename A: | Chinese: 公平交易委員會 |
Nativename R: | Gōngpíngjiāoyì Wěiyuánhuì (Mandarin) Kûng-phìn Kâu-yi Vî-yèn-fi (Hakka) |
Seal: | ROC Fair Trade Commission Logo.svg |
Formed: | 27 January 1992 |
Jurisdiction: | Taiwan (Republic of China) |
Headquarters: | Zhongzheng, Taipei |
Chief1 Name: | Lee May (李鎂) |
Chief1 Position: | Chairperson |
Chief2 Name: | Chen Chih-min (陳志民) |
Chief2 Position: | Vice Chairperson |
Parent Agency: | Executive Yuan |
Website: | www.ftc.gov.tw |
The Fair Trade Commission (FTC;) is an independent government agency subordinate to the Executive Yuan which is responsible for competition policy, trade practices, formulating fair trade policy, laws, regulations, investigating activities restricting competition, such as monopolies, mergers, collusions, cartels, and other unfair trade practices on the part of enterprises in the Republic of China (Taiwan).[1]
The FTC is different from other foreign government regulators in that the Consumer Protection functions is administered by the Consumer Protection Committee.
The Fair Trade Commission was created in 1992 to regulate competition and enforced trade practices. It has the powers to investigate illegal activities such as predatory pricing, collusion, cartels, mergers and other unfair trade practices that hurt choices, prices, create monopolies and reduce competition.[1]
The building is accessible within walking distance South West from Shandao Temple Station of the Taipei Metro.