NO · 2020. 5. 15. · to as MRO services) for four types of aircraft engines, namely, the GEnx-1B,...

12
NO The FTC decided at the 1467 th Commissioners’ Meeting on Dec. 18, 2019 that the overall economic benefit of the joint venture of LINE Financial Taiwan (hereinafter referred to as LFT) and six other companies to set up LINE Commercial Bank Co., Ltd. (hereinafter referred to as LINE Bank) and the joint venture of Chunghwa Telecommunications Co., Ltd. (hereinafter referred to as CHT) and eight other companies to set up NEXT Commercial Bank Co., Ltd. (hereinafter referred to as NEXT Bank) would be greater than the disadvantages from likely competition restraints and therefore did not prohibit the mergers by citing Article 13 (1) of the Fair Trade Act. The merging parties in these two merger cases involved financial and telecom businesses. Hence, when reviewing the cases, the FTC solicited the opinions of the Financial Supervisory Commission and the National Communications Commission, the competent authorities of the industries concerned. LINE Bank would be founded by LFT, Taipei Fubon Bank, Union Bank, Standard Chartered Bank, Taiwan Mobile, Far EasTone, etc., and NEXT Bank would be founded by CHT, Mega Bank, Shin Kong Life Insurance, PX Mart, KGI Bank, TradeVan, Shin Kong Bank, Shin Kong Security and Great Taipei Gas. As these businesses respectively belonged to the banking, life insurance, telecommunications, network, supermarket, natural gas and security industries, the FTC decided to analyze the horizontal and non-horizontal overlaps of the merging parties in the two cases. The banks participating in the two mergers did not account for large Joint Venture of LFT and Six Other Companies to Set up LINE Bank and Joint Venture of CHT and Eight Other Companies to Set up NEXT Bank Not Prohibited Selected Cases Joint Venture of LFT and Six Other Companies to Set up LINE Bank and Joint Venture of CHT and Eight Other Companies to Set up NEXT Bank Not Prohibited Merger between GE, EGAT and CERM Not Prohibited Merger between Garmin, Hotai Motors and Carmax Not Prohibited Pokejin Startup Violated Multi-level Marketing Supervision Act by Beginning Operation without Filing with the FTC in Advance Extend Global and Japanese Extend International in Violation of Multi-level Marketing Supervision Act FTC Statistics Statistics on Cases in Which Ex Officio Investigations were Initiated FTC International Exchanges FTC International Exchanges in January and February 2020 2020.4 092

Transcript of NO · 2020. 5. 15. · to as MRO services) for four types of aircraft engines, namely, the GEnx-1B,...

Page 1: NO · 2020. 5. 15. · to as MRO services) for four types of aircraft engines, namely, the GEnx-1B, GEnx-2B, CF6-80C2 and CF6-80E1 types, and the equipment and components needed to

NO

The FTC decided at the 1467th Commissioners’ Meeting on Dec.

18, 2019 that the overall economic benefit of the joint venture of

LINE Financial Taiwan (hereinafter referred to as LFT) and six other

companies to set up LINE Commercial Bank Co., Ltd. (hereinafter

referred to as LINE Bank) and the joint venture of Chunghwa

Telecommunications Co., Ltd. (hereinafter referred to as CHT) and

eight other companies to set up NEXT Commercial Bank Co., Ltd.

(hereinafter referred to as NEXT Bank) would be greater than the

disadvantages from likely competition restraints and therefore did

not prohibit the mergers by citing Article 13 (1) of the Fair Trade Act.

The merging parties in these two merger cases involved financial

and telecom businesses. Hence, when reviewing the cases, the FTC

solicited the opinions of the Financial Supervisory Commission and

the National Communications Commission, the competent authorities

of the industries concerned. LINE Bank would be founded by LFT,

Taipei Fubon Bank, Union Bank, Standard Chartered Bank, Taiwan

Mobile, Far EasTone, etc., and NEXT Bank would be founded by

CHT, Mega Bank, Shin Kong Life Insurance, PX Mart, KGI Bank,

TradeVan, Shin Kong Bank, Shin Kong Security and Great Taipei

Gas. As these businesses respectively belonged to the banking, life

insurance, telecommunications, network, supermarket, natural gas

and security industries, the FTC decided to analyze the horizontal

and non-horizontal overlaps of the merging parties in the two cases.

The banks participating in the two mergers did not account for large

Joint Venture of LFT and Six Other Companies to Set up LINE Bank and Joint

Venture of CHT and Eight Other Companies to Set up NEXT Bank Not Prohibited

Selected Cases Joint Venture of LFT and Six Other

Companies to Set up LINE Bank and Joint Venture of CHT and Eight Other Companies to Set up NEXT Bank Not Prohibited

Merger between GE, EGAT and CERM Not Prohibited

Merger between Garmin, Hotai Motors and Carmax Not Prohibited

Pokejin Startup Violated Multi- level Marketing Supervision Act by Beginning Operation without Filing with the FTC in Advance

Extend Global and Japanese Extend International in Violation of Multi-level Marketing Supervision Act

FTC StatisticsStatistics on Cases in Which Ex Officio Investigations were Initiated

FTC International ExchangesFTC International Exchanges in January and February 2020

2020.4

092

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FTC 2020.4 NO.092

shares of the domestic deposit, lending and credit

markets. Moreover, they had no plans to transfer their

current operations to the online-only bank and each

one would continue to manage its own business. In

other words, the level of competition between them

would not go down. Hence, they would not have the

ability to raise the prices of their products or services.

In the meantime, these banks had already invested

human and financial resources to develop their

digital financial services whereas there would be no

overlap between their current clienteles and the target

customers of the two online-only banks. According

to the marketing positioning of these businesses and

the costs already put in to develop digital banking, the

FTC found it difficult to come to the conclusion that the

banks involved in the two merger cases would stop

their own existing digital banking operations or that

the incentives for them to push banking digitalization

would decrease after the two online-only banks were

set up.

When analyzing the non-horizontal overlaps, the FTC

took into account that banking belonged to specially

approved business. The likelihood of non-banking

businesses entering the online-only banking market

alone was restricted by law. There was no potential

competition between the non-banking businesses and

banks participating in the two mergers. Meanwhile,

when reviewing the LINE bank case, the FTC also

took into consideration whether the increase in the

use of LINE software to connect to the functions

of LINE Bank would lead to competition concerns

such as tie-in sales and whether LINE software

users could still retain the freedom to decide if they

wanted to open LINE Bank accounts. After all, LINE

software could not be applied to impede other online

banking service providers from accessing LINE

users. The competitors of LINE Bank would stil l

be able to cooperate with developers of other non-

communications apps or develop their own apps

to access LINE users. As for NEXT Bank, the FTC

assessed whether the ecosphere of consumption in

everyday life that NEXT Bank intended to build up

through the cross-industry alliance with the merging

parties would create competition concerns like tie-

in sales. The considerations included whether the

merging parties would remain open to future business

partners and whether the merging parties would

cooperate with NEXT Bank only and reject other

potential business partners in order to increase their

own customers and the rates of use of their services.

The results indicated that neither merger would end

up impeding competitors from competing with the two

online-only banks.

At the same time, the FTC also evaluated certain likely

competition concerns in the digital market, including

the accumulation of data and protection of personal

information. Although the two online-only banks could

take advantage of the customer data of each merging

party to pinpoint the needs of such customers and

offer customized services, it was not impossible to

collect such data through other channels or replace

such data with other information. Competitors could

collaborate with other data businesses to gather

customer information. Therefore, the FTC thought

that it was difficult to conclude that the databases

of the merging parties could bring the two online-

only banks competitive edges that competitors would

not be able to reproduce. In addition, the merging

parties belonged to various industries. There was

also no evidence to show that any merging party or

its affiliates had engaged in non-price competition

by using the personal information in their possession

before the mergers were concluded. In other words,

as far as personal informat ion protect ion was

concerned, the merging parties in these cases were

incapable of eliminating competition pressure and

they were unable to reduce competition by using

privacy protection as an excuse. Nonetheless, the

FTC still reminded the merging parties in these two

cases to bear in mind personal information protection

regulations and abide by the law.

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TAIWAN FTC NEWSLETTER| Selected Cases |

The FTC decided at the 1464th Commissioners’

Meeting on Nov. 27, 2019 not to prohibit the merger

between General Electric Company (hereinafter

referred to as GE), Evergreen Aviation Technologies

Corp. (hereinafter referred to as EGAT) and Changyi

(transliteration) Engine Reparation and Maintenance

Co., Ltd. (hereinafter referred to as CERM) by citing

Article 13 (1) of the Fair Trade Act.

EGAT intended to increase its possession of shares

in CERM up to more than one third of the total shares

in order to co-manage CERM with GE to gain control

of the management and personnel appointment and

dismissal of the company. The condition complied

with the merger patterns described in Subparagraphs

2, 3, 4 and 5 of Article 10(1) of the Fair Trade Act.

Furthermore, the market shares and sales of the

merging parties all reached the fil ing thresholds

prescribed in Subparagraphs 2 and 3 of Article 11(1)

of the Fair Trade Act while the proviso in Article 12

of the same act did not apply. Therefore, a merger

notification was filed with the FTC as required by law.

All the merging parties conducted maintenance,

reparation and overhaul services (hereinafter referred

to as MRO services) for four types of aircraft engines,

namely, the GEnx-1B, GEnx-2B, CF6-80C2 and CF6-

80E1 types, and the equipment and components

needed to perform the services were all supplied by

GE. The merger was the result of cooperation between

GE and EGAT to set up an aircraft engine reparation

and maintenance center in the Asia-Pacific region.

However, originally EGAT only accounted for a small

portion of the MRO service market and the aggregate

of the market shares of the merging parties after the

merger would only increase by a tiny fraction. In the

domestic market, the merger could not lead to any

significant competition concern. In addition, according

to the regulations of the US FAA, GE was required to

provide instructions for continued airworthiness (ICA,

maintenance manual included) to owners of aircraft

using the engines in question. Hence, other airline

companies or MRO service providers could still obtain

reparation and maintenance technologies from the

original manufacturers as well as acquire needed

equipment and components from related service

providers. In other words, the merging parties would

not be able to profit from the merger.

After acquiring the opinions of the Civil Aeronautics

Administration (CAA), the competent authority of

the industry concerned, related trade associations,

competitors and downstream trading counterparts,

the FTC evaluated the aforesaid factors, concluded

that the overall economic benefit of the merger would

outweigh the disadvantages from likely competition

restraints and decided not to prohibit the merger by

citing Article 13 (1) of the Fair Trade Act.

Merger between GE, EGAT and CERM Not Prohibited

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FTC 2020.4 NO.092

The FTC decided at the 1468th Commissioners’

Meeting on Dec. 25, 2019 not to prohibit the merger

between Garmin Nederland B.V. (hereinafter referred

to as Garmin), Hotai Motor Co., Ltd. (hereinafter

referred to as Hotai Motors) and Carmax Co., Ltd.

(hereinafter referred to as Carmax) by citing Article 13

(1) of the Fair Trade Act.

The merging parties intended to set up a joint venture

and hold certain portions of the shares of the new

company. They also agreed to allocate the profit and

share the loss according to the percentage of shares

that each party held. The condition complied with the

merger patterns described in Subparagraphs 2, 4 and

5 of Article 10(1) of the Fair Trade Act. Meanwhile,

one of the merging parties accounted for over one

quarter of the market concerned and reached the filing

threshold specified in Subparagraph 2 of Article 11 (1)

of the Fair Trade Act, whereas the proviso in Article

12 of the same act did not apply. Therefore a merger

notification was filed with the FTC.

Garmin Taiwan, Garmin’s subsidiary, produced

automot ive embedded te lemat ics (here inaf ter

referred to as AET) and sold them to Carmax which

then supplied the products to Hotai Motors. For this

reason, the case involved the AET production market

and sedan market. The specifications of AET were

determined by auto makers or agents in accordance

with the needs of different models of vehicles. AET

suppliers then produced the products accordingly.

They could not decide the specifications. Moreover,

the current management and sales condition of the

merging parties suggested that the possibility and

incentive for the merger to lead to market foreclosure

were rather low. The market would remain competitive;

therefore, the FTC concluded that the merger could

not create any significant competition restraint.

The decision that the FTC would make to determine

whether to approve or prohibit a merger was primarily

the result of assessing whether the overall economic

benefit would be greater than the disadvantages from

competition restraints thereof incurred. After inquiring

the opinions of the competent authority of the industry

concerned, competitors as well as upstream and

downstream trading counterparts, the FTC evaluated

the aforesaid considerations and decided not to

prohibit the merger by citing Article 13 of the Fair

Trade Act.

Merger between Garmin, Hotai Motors and Carmax Not Prohibited

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TAIWAN FTC NEWSLETTER| Selected Cases |

The FTC decided at the 1458th Commissioners’

Meeting on Oct. 17, 2019 that Pokejin Startup Channel

Co., Ltd. (hereinafter referred to as Pokejin Startup)

had respectively violated Article 6 (1), Article 7 (1),

Subparagraph 3 of Article 14 and Article 16 (2) of the

Multi-level Marketing Supervision Act by beginning

operation without registering with the FTC in advance,

changing its sales system and product items without

filing with the FTC beforehand, stipulating in the

participation contract items to be deducted from the

fund for goods returned by withdrawing participants

which were inconsistent with related regulations and

disadvantageous to participants, and recruiting people

with limited capacity for civil conduct without acquiring

the written consent of their legal representatives and

attaching the consent to the participation contract.

The FTC imposed a total administrative f ine of

NT$300,000 on the company.

Pokejin Startup registered with the FTC on Apr. 16,

2018 as a multi-level marketing business to market

a variety of food products. However, in March of

the same year the company had already offered

participation application forms to interested parties

and had also collected from each applicant a fee

to purchase “bonus points for shopping at certain

online malls” in exchange for a serial number that the

company would use in bonus calculation. The conduct

of starting operation without filing with the FTC in

advance was in violation of Article 6 (1) of the Multi-

level Marketing Supervision Act. Meanwhile, when

the FTC’s staff members visited Pokejin Startup for

business inspections in March 2019, they discovered

that the company had made the offer for each

participant to purchase “bonus points for shopping at

certain online malls” in exchange for certain products

and a serial number, which the company would

use in bonus calculation and issuance. In addition,

Pokejin also created new bonus items, altered the

organization bonus calculation method, and started

to market “shan nau (transliteration)” and another

product without filing with the FTC beforehand. It was

in violation of Article 7 (1) of the Multi-level Marketing

Supervision Act.

Besides the value of unreturned gifts, the items to

be deducted from the refund for returned goods that

Pokejin Startup stipulated in the participation contract

were beyond the range specified in Articles 20 and

21 of the Multi-level Marketing Supervision Act and

disadvantageous to participants. The practice was in

violation of Subparagraph 3 of Article 14 of the same

act.

A finding of the FTC’s investigation indicated that

Pokejin Startup recruited a person with l imited

capacity for civi l conduct to be a part icipant in

March 2018 without acquiring the written consent

of that person’s legal representative and attaching

the consent to the contract. The practice was in

violation of Article 16 (2) of the Multi-level Marketing

Supervision Act.

Pokejin Startup Violated Multi-level Marketing Supervision Act by Beginning Operation without Filing with the FTC in Advance

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FTC 2020.4 NO.092

The FTC decided at the 1465th Commissioners’

Meet ing on Dec. 4 , 2019 tha t Ex tend Globa l

Technology Co., Ltd. (hereinafter referred to as Extend

Global), a multi-level marketing business, had violated

Article 6 (1) of the Multi-level Marketing Supervision

Act by starting operation without filing with the FTC

in advance and working with the Taiwan branch of

Japanese Extend International Co., Ltd. (hereinafter

referred to as Japanese Extend International) to

engage in multi-level marketing activities. The FTC

imposed administrative f ines of NT$600,000 on

Extend Global and NT$300,000 on Japanese Extend

International.

Extend Global registered with the FTC on Jun. 26,

2018 as a multi-level marketing business to sell

a variety of food products and beauty products.

However, the company had begun to recruit the

participants of Japanese Extend International as early

as in January 2018 to promote its sales system and

sell its products. At the same time, the company had

also started to issue referral bonuses, business profit

dividends of various levels and team rewards. All

these multi-level marketing activities were conducted

without filing with the FTC in advance. The practice

was in violation of Article 6 (1) of the Multi-level

Marketing Supervision Act.

Extend Global and Japanese Extend International

expressed that they had cooperated through a

consignment relationship. Nevertheless, when finding

out in January 2018 that Extend Global intended to

engage in multi-level marketing, Japanese Extend

International spread the news among its participants

and, as a consequence, many of the participants

joined Extend Global. Japanese Extend International

also allowed the participants to use its facilities to

recruit people to join Extend Global which had not

yet been registered at the time. In other words, both

Japanese Extend International and Extend Global

intentionally exploited or complemented each other to

engage in multi-level marketing together. The conduct

complied with the description of “acting jointly and

intentionally in the commission of an act in breach of

duty under administrative law” set forth in Article 14

of the Administrative Penalty Act. Therefore, the FTC

sanctioned both companies.

Extend Global and Japanese Extend International in Violation of Multi-level Marketing Supervision Act

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TAIWAN FTC NEWSLETTER| FTC Statistics |

In order to establish fair and reasonable competition order in the country, the FTC not only processes

complaints, applications for concerted actions, pre-merger notifications, and requests for interpretation

of related regulations, but also launches ex officio investigations into activities that may be in violation

of laws and regulations under its jurisdiction or likely to jeopardize the public interest. In 2019, the FTC

initiated ex officio investigations into 275 cases, reviewed 361 cases (including 86 cases that remained

unclosed at the end of 2018), and closed 262 cases (Figure 1). From 1992 when the FTC was created

until 2019, there were 4,670 cases in which ex officio investigations were launched and 4,571 cases were

closed. The case closure rate achieved was 97.9%.

Judged by resources invested, the FTC put in 1,744 person-times of effort to complete 262 cases in 2019.

A total of 1,333 businesses were investigated, averaging 5.1 businesses per case. Judged by handling

results, sanctions were imposed in 47 (17.9% of the completed cases) of the cases in which ex officio

investigations were initiated, and 51 dispositions were issued. No sanctions were imposed in 63 cases

(24.0%), administrative disposal was decided in 1 case (0.4%) and investigations were suspended in

147 cases (56.1%). From 2015 to the end of 2019 (hereinafter referred to as the five recent years), the

FTC completed 1,733 cases and imposed sanctions in 378 cases (21.8%). In 1,237 cases, no evidence

of violation was found, the violations did not belong to the jurisdiction of the FTC or the FTC only needed

to keep track of further developments. In addit ion, there were also 118 cases that involved different

government agencies transferring the same subject matter to the FTC or were consolidated because same

complaints were repeatedly filed by different private citizens (Table 1).

Statistics on Cases in Which Ex Officio Investigations were Initiated

Figure 1 Statistics on Cases in Which Ex Officio Investigations were Initiated

Statistics on Cases in Which Ex Officio Investigations were Initiated

In order to establish fair and reasonable competition order in the country, the

FTC not only processes complaints, applications for concerted actions, pre-merger notifications, and requests for interpretation of related regulations, but also launches ex officio investigations into activities that may be in violation of laws and regulations under its jurisdiction or likely to jeopardize the public interest. In 2019, the FTC initiated ex officio investigations into 275 cases, reviewed 361 cases (including 86 cases that remained unclosed at the end of 2018), and closed 262 cases (Figure 1). From 1992 when the FTC was created until 2019, there were 4,670 cases in which ex officio investigations were launched and 4,571 cases were closed. The case closure rate achieved was 97.9%

Judged by resources invested, the FTC put in 1,744 person-times of effort to

complete 262 cases in 2019. A total of 1,333 businesses were investigated, averaging 51 businesses per case. Judged by handling results, sanctions were imposed in 47 (17.9% of the completed cases) of the cases in which ex officio investigations were initiated, and 51 dispositions were issued. No sanctions were imposed in 63 cases (24%), administrative disposal was decided in 1 case (0.4%) and investigations were suspended in 147 cases (56.1%). From 2015 to the end of 2019 (hereinafter referred to as the five recent years), the FTC completed 1,733 cases and imposed sanctions in 378 cases (21.8%). In 1,237 cases, no evidence of violation was found, the violations did not belong to the jurisdiction of the FTC or the FTC only needed to keep track of further developments. In addition, there were also 118 cases that involved different government agencies transferring the same subject matter to the FTC or were consolidated because same complaints were repeatedly filed by different private citizens (Table 1).

Figure 1 Statistics on Cases in Which Ex Officio Investigations were Initiated

446

360 338 327 262

4.7 4.7 4.8

3.3

5.1

0.0

1.0

2.0

3.0

4.0

5.0

6.0

0

100

200

300

400

500

2015 2016 2017 2018 2019

Cases Closed Average Number of Cases Processed

(Case) (Business)

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FTC 2020.4 NO.092

Over the five recent years, the FTC issued 409 dispositions in cases in which ex officio investigations

were launched and sanctioned 511 businesses (Table 1). Judged by the type of practice indicated in the

dispositions (those involving more than one unlawful act were calculated repeatedly), there were 39 cases

(9.5%) concerning competition restraints and 12 of them involved concerted actions, forming the largest

group. 204 cases (49.9%) were associated with unfair competition. 176 cases involved false or misleading

advertising, i.e., the largest proportion, and 162 cases (39.6%) were violations against the Multi-level

Marketing Supervision Act (Figure 2).

Table 1 Statistics on Results of Cases in Which Ex Officio Investigations were InitiatedTable 1 Statistics on Results of Cases in Which Ex Officio Investigations were Initiated Unit: Case; Business

Year Total Cases

Sanction

No Sanction

Administrative

Disposal

Suspension of

Investigation

Termination of

Investigation

Others No. of Cases

No. of Dispositions

Issued

No. of Enterprises Sanctioned

Total 1,733 378 409 511 538 7 691 1 118

2015 446 92 102 123 174 1 137 - 42

2016 360 91 97 129 112 2 148 - 7

2017 338 80 80 94 104 2 135 - 17

2018 327 68 79 107 85 1 124 1 48

2019 262 47 51 58 63 1 147 - 4

Note: The term “Others” refers to the same cases transferred from other agencies or cases consolidated after the FTC received complaints from private citizens.

Over the five recent years, the FTC issued 409 dispositions in cases in which ex

officio investigations were launched and sanctioned 511 businesses (Table 1). Judged by the type of practice indicated in the dispositions (those involving more than one unlawful act were calculated repeatedly), there were 39 cases (9.5%) concerning competition restraints and 12 of them involved concerted actions, forming the largest group. 204 cases (49.9%) were associated with unfair competition. 174 cases involved false or misleading advertising, i.e., the largest proportion, and 162 cases (39.6%) were violations against the Multi-level Marketing Supervision Act (Figure 2).

Figure 2 409 Dispositions Issued in the Five Recent Years for Cases in Which Ex Officio

Investigations were Initiated – Classified by Type of Violation

Unfair Competition

49.9%

the Multi-level Marketing

Supervision Act 39.6%

Competition Restriction

9.5%

Others 1.0%

Figure 2 409 Dispositions Issued in the Five Recent Years for Cases in Which Ex Officio Investigations were Initiated – Classified by Type of Violation

Table 1 Statistics on Results of Cases in Which Ex Officio Investigations were Initiated Unit: Case; Business

Year Total Cases

Sanction

No Sanction

Administrative

Disposal

Suspension of

Investigation

Termination of

Investigation

Others No. of Cases

No. of Dispositions

Issued

No. of Enterprises Sanctioned

Total 1,733 378 409 511 538 7 691 1 118

2015 446 92 102 123 174 1 137 - 42

2016 360 91 97 129 112 2 148 - 7

2017 338 80 80 94 104 2 135 - 17

2018 327 68 79 107 85 1 124 1 48

2019 262 47 51 58 63 1 147 - 4

Note: The term “Others” refers to the same cases transferred from other agencies or cases consolidated after the FTC received complaints from private citizens.

Over the five recent years, the FTC issued 409 dispositions in cases in which ex

officio investigations were launched and sanctioned 511 businesses (Table 1). Judged by the type of practice indicated in the dispositions (those involving more than one unlawful act were calculated repeatedly), there were 39 cases (9.5%) concerning competition restraints and 12 of them involved concerted actions, forming the largest group. 204 cases (49.9%) were associated with unfair competition. 174 cases involved false or misleading advertising, i.e., the largest proportion, and 162 cases (39.6%) were violations against the Multi-level Marketing Supervision Act (Figure 2).

Figure 2 409 Dispositions Issued in the Five Recent Years for Cases in Which Ex Officio

Investigations were Initiated – Classified by Type of Violation

Unfair Competition

49.9%

the Multi-level Marketing

Supervision Act 39.6%

Competition Restriction

9.5%

Others 1.0%

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TAIWAN FTC NEWSLETTER| FTC International Exchanges |

FTC International Exchanges in January and February 2020

On Jan. 21, the FTC attended a teleconference held by the ICN Merger Working Group.

From Feb. 14 to 17, the FTC attended the “APEC Economic Committee First Meeting” and the “Competition Policy and Law Group Meeting” in Putrajaya, Malaysia.

On Feb. 25, the FTC participated in the OECD workshop on “Vertical Restrictions and Vertical Mergers“ through remote attendance.

On Feb. 27 and 28, the FTC attended the ICN Merger Workshop in Melbourne, Australia.

1.The FTC attending the “Competition Policy and Law Group Meeting” in Putrajaya, Malaysia2.The FTC attending the “APEC Economic Committee First Meeting” in Putrajaya, Malaysia

1

2

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FTC 2020.4 NO.092

14

12-14 F., No. 2-2 Jinan Rd., Sec. 1, Taipei, Taiwan, R.O.C. Fair Trade Commission, R.O.C. Tel: 886-2-23517588 http://www.ftc.gov.tw

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Regards Fair Trade Commission

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you have any other suggestions? Your advice: _______________________________________________________________

12-14 F., No. 2-2 Jinan Rd., Sec. 1, Taipei, Taiwan, R.O.C. Fair Trade Commission, R.O.C. Tel: 886-2-23517588 http://www.ftc.gov.tw

Dear Readers, In order to improve the quality of our Taiwan FTC Newsletter, we would like to request a few minutes of your time to fill in the questionnaire below. It would be appreciated if you could please directly fill in the questionnaire at the website (http://www.ftc.gov.tw). Thank you for your assistance and cooperation.

Regards Fair Trade Commission

Taiwan FTC Newsletter Reader’s Survey Nationality : Category of your organization

□Government □Private Corporation□Embassy□NGO □Media □Scholars □Other (please specify)

1. What do you think of the design of the Taiwan FTC Newsletter, including style and photos? □ Very Good □ Good □ Average □ Bad □ Very Bad 2. Are the articles clear and understandable or difficult to understand? □ Very Clear □ Clear □ Average □ Difficult □ Too Difficult 3. Are you satisfied with the contents of the Taiwan FTC Newsletter, including choice of

subjects, length and thoroughness of articles? □ Very satisfied □ Satisfied □ Average □ Dissatisfied □ Very Dissatisfied 4. Which section is your favorite one? □ Selected Cases □ Regulation Report □ FTC Statistics □ FTC Activities

□ FTC International Exchanges 5. What more would you like to see in the Taiwan FTC Newsletter, e.g. different subjects? Do

you have any other suggestions? Your advice: _______________________________________________________________

12-14 F., No. 2-2 Jinan Rd., Sec. 1, Taipei, Taiwan, R.O.C. Fair Trade Commission, R.O.C. Tel: 886-2-23517588 http://www.ftc.gov.tw

Dear Readers, In order to improve the quality of our Taiwan FTC Newsletter, we would like to request a few minutes of your time to fill in the questionnaire below. It would be appreciated if you could please directly fill in the questionnaire at the website (http://www.ftc.gov.tw). Thank you for your assistance and cooperation.

Regards Fair Trade Commission

Taiwan FTC Newsletter Reader’s Survey Nationality : Category of your organization

□Government □Private Corporation□Embassy□NGO □Media □Scholars □Other (please specify)

1. What do you think of the design of the Taiwan FTC Newsletter, including style and photos? □ Very Good □ Good □ Average □ Bad □ Very Bad 2. Are the articles clear and understandable or difficult to understand? □ Very Clear □ Clear □ Average □ Difficult □ Too Difficult 3. Are you satisfied with the contents of the Taiwan FTC Newsletter, including choice of

subjects, length and thoroughness of articles? □ Very satisfied □ Satisfied □ Average □ Dissatisfied □ Very Dissatisfied 4. Which section is your favorite one? □ Selected Cases □ Regulation Report □ FTC Statistics □ FTC Activities □ FTC International Exchanges

5. What more would you like to see in the Taiwan FTC Newsletter, e.g. different subjects? Do

you have any other suggestions? Your advice: _______________________________________________________________

14

12-14 F., No. 2-2 Jinan Rd., Sec. 1, Taipei, Taiwan, R.O.C. Fair Trade Commission, R.O.C. Tel: 886-2-23517588 http://www.ftc.gov.tw

Dear Readers, In order to improve the quality of our Taiwan FTC Newsletter, we would like to request a few minutes of your time to fill in the questionnaire below. It would be appreciated if you could please directly fill in the questionnaire at the website (http://www.ftc.gov.tw). Thank you for your assistance and cooperation.

Regards Fair Trade Commission

Taiwan FTC Newsletter Reader’s Survey Nationality : Category of your organization

□Government □Private Corporation□Embassy□NGO □Media □Scholars □Other (please specify)

1. What do you think of the design of the Taiwan FTC Newsletter, including style and photos? □ Very Good □ Good □ Average □ Bad □ Very Bad 2. Are the articles clear and understandable or difficult to understand? □ Very Clear □ Clear □ Average □ Difficult □ Too Difficult 3. Are you satisfied with the contents of the Taiwan FTC Newsletter, including choice of

subjects, length and thoroughness of articles? □ Very satisfied □ Satisfied □ Average □ Dissatisfied □ Very Dissatisfied 4. Which section is your favorite one? □ Selected Cases □ Regulation Report □ FTC Statistics □ FTC Activities

□ FTC International Exchanges 5. What more would you like to see in the Taiwan FTC Newsletter, e.g. different subjects? Do

you have any other suggestions? Your advice: _______________________________________________________________

12-14 F., No. 2-2 Jinan Rd., Sec. 1, Taipei, Taiwan, R.O.C. Fair Trade Commission, R.O.C. Tel: 886-2-23517588 http://www.ftc.gov.tw

Dear Readers, In order to improve the quality of our Taiwan FTC Newsletter, we would like to request a few minutes of your time to fill in the questionnaire below. It would be appreciated if you could please directly fill in the questionnaire at the website (http://www.ftc.gov.tw). Thank you for your assistance and cooperation.

Regards Fair Trade Commission

Taiwan FTC Newsletter Reader’s Survey Nationality : Category of your organization

□Government □Private Corporation□Embassy□NGO □Media □Scholars □Other (please specify)

1. What do you think of the design of the Taiwan FTC Newsletter, including style and photos? □ Very Good □ Good □ Average □ Bad □ Very Bad 2. Are the articles clear and understandable or difficult to understand? □ Very Clear □ Clear □ Average □ Difficult □ Too Difficult 3. Are you satisfied with the contents of the Taiwan FTC Newsletter, including choice of

subjects, length and thoroughness of articles? □ Very satisfied □ Satisfied □ Average □ Dissatisfied □ Very Dissatisfied 4. Which section is your favorite one? □ Selected Cases □ Regulation Report □ FTC Statistics □ FTC Activities

□ FTC International Exchanges 5. What more would you like to see in the Taiwan FTC Newsletter, e.g. different subjects? Do

you have any other suggestions? Your advice: _______________________________________________________________

12-14 F., No. 2-2 Jinan Rd., Sec. 1, Taipei, Taiwan, R.O.C. Fair Trade Commission, R.O.C. Tel: 886-2-23517588 http://www.ftc.gov.tw

Dear Readers, In order to improve the quality of our Taiwan FTC Newsletter, we would like to request a few minutes of your time to fill in the questionnaire below. It would be appreciated if you could please directly fill in the questionnaire at the website (http://www.ftc.gov.tw). Thank you for your assistance and cooperation.

Regards Fair Trade Commission

Taiwan FTC Newsletter Reader’s Survey Nationality : Category of your organization

□Government □Private Corporation□Embassy□NGO □Media □Scholars □Other (please specify)

1. What do you think of the design of the Taiwan FTC Newsletter, including style and photos? □ Very Good □ Good □ Average □ Bad □ Very Bad 2. Are the articles clear and understandable or difficult to understand? □ Very Clear □ Clear □ Average □ Difficult □ Too Difficult 3. Are you satisfied with the contents of the Taiwan FTC Newsletter, including choice of

subjects, length and thoroughness of articles? □ Very satisfied □ Satisfied □ Average □ Dissatisfied □ Very Dissatisfied 4. Which section is your favorite one? □ Selected Cases □ Regulation Report □ FTC Statistics □ FTC Activities □ FTC International Exchanges

5. What more would you like to see in the Taiwan FTC Newsletter, e.g. different subjects? Do

you have any other suggestions? Your advice: _______________________________________________________________

14

12-14 F., No. 2-2 Jinan Rd., Sec. 1, Taipei, Taiwan, R.O.C. Fair Trade Commission, R.O.C. Tel: 886-2-23517588 http://www.ftc.gov.tw

Dear Readers, In order to improve the quality of our Taiwan FTC Newsletter, we would like to request a few minutes of your time to fill in the questionnaire below. It would be appreciated if you could please directly fill in the questionnaire at the website (http://www.ftc.gov.tw). Thank you for your assistance and cooperation.

Regards Fair Trade Commission

Taiwan FTC Newsletter Reader’s Survey Nationality : Category of your organization

□Government □Private Corporation□Embassy□NGO □Media □Scholars □Other (please specify)

1. What do you think of the design of the Taiwan FTC Newsletter, including style and photos? □ Very Good □ Good □ Average □ Bad □ Very Bad 2. Are the articles clear and understandable or difficult to understand? □ Very Clear □ Clear □ Average □ Difficult □ Too Difficult 3. Are you satisfied with the contents of the Taiwan FTC Newsletter, including choice of

subjects, length and thoroughness of articles? □ Very satisfied □ Satisfied □ Average □ Dissatisfied □ Very Dissatisfied 4. Which section is your favorite one? □ Selected Cases □ Regulation Report □ FTC Statistics □ FTC Activities

□ FTC International Exchanges 5. What more would you like to see in the Taiwan FTC Newsletter, e.g. different subjects? Do

you have any other suggestions? Your advice: _______________________________________________________________

12-14 F., No. 2-2 Jinan Rd., Sec. 1, Taipei, Taiwan, R.O.C. Fair Trade Commission, R.O.C. Tel: 886-2-23517588 http://www.ftc.gov.tw

Dear Readers, In order to improve the quality of our Taiwan FTC Newsletter, we would like to request a few minutes of your time to fill in the questionnaire below. It would be appreciated if you could please directly fill in the questionnaire at the website (http://www.ftc.gov.tw). Thank you for your assistance and cooperation.

Regards Fair Trade Commission

Taiwan FTC Newsletter Reader’s Survey Nationality : Category of your organization

□Government □Private Corporation□Embassy□NGO □Media □Scholars □Other (please specify)

1. What do you think of the design of the Taiwan FTC Newsletter, including style and photos? □ Very Good □ Good □ Average □ Bad □ Very Bad 2. Are the articles clear and understandable or difficult to understand? □ Very Clear □ Clear □ Average □ Difficult □ Too Difficult 3. Are you satisfied with the contents of the Taiwan FTC Newsletter, including choice of

subjects, length and thoroughness of articles? □ Very satisfied □ Satisfied □ Average □ Dissatisfied □ Very Dissatisfied 4. Which section is your favorite one? □ Selected Cases □ Regulation Report □ FTC Statistics □ FTC Activities

□ FTC International Exchanges 5. What more would you like to see in the Taiwan FTC Newsletter, e.g. different subjects? Do

you have any other suggestions? Your advice: _______________________________________________________________

12-14 F., No. 2-2 Jinan Rd., Sec. 1, Taipei, Taiwan, R.O.C. Fair Trade Commission, R.O.C. Tel: 886-2-23517588 http://www.ftc.gov.tw

Dear Readers, In order to improve the quality of our Taiwan FTC Newsletter, we would like to request a few minutes of your time to fill in the questionnaire below. It would be appreciated if you could please directly fill in the questionnaire at the website (http://www.ftc.gov.tw). Thank you for your assistance and cooperation.

Regards Fair Trade Commission

Taiwan FTC Newsletter Reader’s Survey Nationality : Category of your organization

□Government □Private Corporation□Embassy□NGO □Media □Scholars □Other (please specify)

1. What do you think of the design of the Taiwan FTC Newsletter, including style and photos? □ Very Good □ Good □ Average □ Bad □ Very Bad 2. Are the articles clear and understandable or difficult to understand? □ Very Clear □ Clear □ Average □ Difficult □ Too Difficult 3. Are you satisfied with the contents of the Taiwan FTC Newsletter, including choice of

subjects, length and thoroughness of articles? □ Very satisfied □ Satisfied □ Average □ Dissatisfied □ Very Dissatisfied 4. Which section is your favorite one? □ Selected Cases □ Regulation Report □ FTC Statistics □ FTC Activities □ FTC International Exchanges

5. What more would you like to see in the Taiwan FTC Newsletter, e.g. different subjects? Do

you have any other suggestions? Your advice: _______________________________________________________________

14

12-14 F., No. 2-2 Jinan Rd., Sec. 1, Taipei, Taiwan, R.O.C. Fair Trade Commission, R.O.C. Tel: 886-2-23517588 http://www.ftc.gov.tw

Dear Readers, In order to improve the quality of our Taiwan FTC Newsletter, we would like to request a few minutes of your time to fill in the questionnaire below. It would be appreciated if you could please directly fill in the questionnaire at the website (http://www.ftc.gov.tw). Thank you for your assistance and cooperation.

Regards Fair Trade Commission

Taiwan FTC Newsletter Reader’s Survey Nationality : Category of your organization

□Government □Private Corporation□Embassy□NGO □Media □Scholars □Other (please specify)

1. What do you think of the design of the Taiwan FTC Newsletter, including style and photos? □ Very Good □ Good □ Average □ Bad □ Very Bad 2. Are the articles clear and understandable or difficult to understand? □ Very Clear □ Clear □ Average □ Difficult □ Too Difficult 3. Are you satisfied with the contents of the Taiwan FTC Newsletter, including choice of

subjects, length and thoroughness of articles? □ Very satisfied □ Satisfied □ Average □ Dissatisfied □ Very Dissatisfied 4. Which section is your favorite one? □ Selected Cases □ Regulation Report □ FTC Statistics □ FTC Activities

□ FTC International Exchanges 5. What more would you like to see in the Taiwan FTC Newsletter, e.g. different subjects? Do

you have any other suggestions? Your advice: _______________________________________________________________

12-14 F., No. 2-2 Jinan Rd., Sec. 1, Taipei, Taiwan, R.O.C. Fair Trade Commission, R.O.C. Tel: 886-2-23517588 http://www.ftc.gov.tw

Dear Readers, In order to improve the quality of our Taiwan FTC Newsletter, we would like to request a few minutes of your time to fill in the questionnaire below. It would be appreciated if you could please directly fill in the questionnaire at the website (http://www.ftc.gov.tw). Thank you for your assistance and cooperation.

Regards Fair Trade Commission

Taiwan FTC Newsletter Reader’s Survey Nationality : Category of your organization

□Government □Private Corporation□Embassy□NGO □Media □Scholars □Other (please specify)

1. What do you think of the design of the Taiwan FTC Newsletter, including style and photos? □ Very Good □ Good □ Average □ Bad □ Very Bad 2. Are the articles clear and understandable or difficult to understand? □ Very Clear □ Clear □ Average □ Difficult □ Too Difficult 3. Are you satisfied with the contents of the Taiwan FTC Newsletter, including choice of

subjects, length and thoroughness of articles? □ Very satisfied □ Satisfied □ Average □ Dissatisfied □ Very Dissatisfied 4. Which section is your favorite one? □ Selected Cases □ Regulation Report □ FTC Statistics □ FTC Activities

□ FTC International Exchanges 5. What more would you like to see in the Taiwan FTC Newsletter, e.g. different subjects? Do

you have any other suggestions? Your advice: _______________________________________________________________

12-14 F., No. 2-2 Jinan Rd., Sec. 1, Taipei, Taiwan, R.O.C. Fair Trade Commission, R.O.C. Tel: 886-2-23517588 http://www.ftc.gov.tw

Dear Readers, In order to improve the quality of our Taiwan FTC Newsletter, we would like to request a few minutes of your time to fill in the questionnaire below. It would be appreciated if you could please directly fill in the questionnaire at the website (http://www.ftc.gov.tw). Thank you for your assistance and cooperation.

Regards Fair Trade Commission

Taiwan FTC Newsletter Reader’s Survey Nationality : Category of your organization

□Government □Private Corporation□Embassy□NGO □Media □Scholars □Other (please specify)

1. What do you think of the design of the Taiwan FTC Newsletter, including style and photos? □ Very Good □ Good □ Average □ Bad □ Very Bad 2. Are the articles clear and understandable or difficult to understand? □ Very Clear □ Clear □ Average □ Difficult □ Too Difficult 3. Are you satisfied with the contents of the Taiwan FTC Newsletter, including choice of

subjects, length and thoroughness of articles? □ Very satisfied □ Satisfied □ Average □ Dissatisfied □ Very Dissatisfied 4. Which section is your favorite one? □ Selected Cases □ Regulation Report □ FTC Statistics □ FTC Activities □ FTC International Exchanges

5. What more would you like to see in the Taiwan FTC Newsletter, e.g. different subjects? Do

you have any other suggestions? Your advice: _______________________________________________________________

Page 11: NO · 2020. 5. 15. · to as MRO services) for four types of aircraft engines, namely, the GEnx-1B, GEnx-2B, CF6-80C2 and CF6-80E1 types, and the equipment and components needed to

Taiwan FTC NewsletterPublisher Huang, Mei-Ying

Editor- in-Chief Hu, Kuang-Yu

Deputy Editor-in-Chief Hu, Tzu-Shun

Co-editor Cho, Chiu-Jung

Chiu, Shu-Fen

Yang, Chia-Hui

Wu, Ting-Hung

Yeh, Tien-Fu

Chen, Yuhn-Shan

Li, Yueh-Chiao

Hsueh, Kuo-Chin

Publishers & Editorial Office Fair Trade Commission, R.O.C.

Address:12-14 F., No. 2-2 Jinan Rd., Sec. 1, Taipei, Taiwan, R.O.C.

Website:https://www.ftc.gov.tw

Telephone: 886-2-2351-7588

Fax: 886-2-2397-5075

E-mail: [email protected]

Date of Publication April 2020

First Date of Publication February 2008

Frequency of Publication Bimonthly(the Chinese language edition during odd-number month,

and the English language edition during even-number month.)

Price NT$ 15 per single copy, NT$ 180 per year

(both Chinese version and English version) and NT$ 90 per

language version

Subscription Phone Line 886-2-2351-0022

Subscription Fax 886-2-2397-4997

Exhibition Place Service Center on the 13th Floor of the Commission

Telephone:886-2-2351-0022

Address:13 F, No. 2-2 Jinan Rd., Sec. 1, Taipei, Taiwan, R.O.C.

Wunan Book Co., Ltd.

Telephone: 886-4-2226-0330

Address: No. 6, Chungshan Road, Taichung City, Taiwan, R.O.C.

Government Publications Bookstore

Telephone: 886-2-2518-0207

Address: 1F, No. 209, Sung Chiang Rd., Taipei, Taiwan, R.O.C.

Printer Hon Yuan Printing Co., Ltd.

Address: 9F-1, No. 602, Pa The Rd., Sec 4 Taipei, Taiwan, R.O.C.

Telephone: 886-2-2768-2833

Attribution Non-Commercial No Derivatives (CC-BY-NC-ND) is released under the Creative Commons Attribution 2.5 License

An individual must attribute the work in the manner specified by the author or licensor, and may not use this work for commercial purposes, alter, transform, or build upon this work.

Page 12: NO · 2020. 5. 15. · to as MRO services) for four types of aircraft engines, namely, the GEnx-1B, GEnx-2B, CF6-80C2 and CF6-80E1 types, and the equipment and components needed to