Fair Trade Commission (Taiwan) Explained

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.

History

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]

Structure

Chairpersons

Transportation

The building is accessible within walking distance South West from Shandao Temple Station of the Taipei Metro.

See also

External links

Notes and References

  1. http://www.ftc.gov.tw/EnglishWeb/20000101299912311067.htm