Fair Trade Commission (Republic of China)

Fair Trade Commission

公平交易委員會
Gōngpíngjiāoyì Wěiyuánhuì
Agency overview
Formed 27 January 1992
Jurisdiction  Republic of China
Headquarters Zhongzheng, Taipei
Agency executive Wu Shiow-ming, Chairperson
Parent agency Executive Yuan
Website www.ftc.gov.tw

The Fair Trade Commission of the Republic of China (FTC; Chinese: 公平交易委員會; pinyin: Gōngpíngjiāoyì Wěiyuánhuì) 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.[1]

The FTC is different from other foreign government regulators in that the Consumer Protection functions is administered by the Consumer Protection Commission.

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

Transportation

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

See also

References

  1. 1.0 1.1

External links