Go to Content Area :::    
Home NewsMay 2021,[Desicions]
:::
News
:::
  1. TTY Biopharm Co., Ltd. signed an exclusive distribution agreement with Lotus Pharmaceutical Co., Ltd. and both companies established the mutual understanding for the former to acquire the exclusive agency to market the latter's Furil Capsules. In exchange, the former would pay the latter an amount of money. The practice of restricting each other's business activities was able to affect the supply-demand function in the colon cancer drug market in violation of Article 15 (1) of the Fair Trade Act. The FTC imposed administrative fines of NT$220 million on TTY Biopharm Co., Ltd. and NT$65 million on Locus Pharmaceutical Co., Ltd.
  2. On the A2, A7 and A8 floor plans posted in the advertisement for the "Yizhu (transliteration)" housing project, Jia Ding (transliteration) Construction Co., Ltd. and Er Yue (transliteration) Real Estate Agency Co., Ltd. indicated the rooftop first level, originally approved to be the landing space, as part of a bedroom. The practice was a false and misleading representation with regard to content and use of product and could also affect transaction decisions. It was in violation of Article 21 (1) of the Fair Trade Act. The FTC imposed administrative fines of NT$500,000 and NT$300,000 on the two companies, respectively.
  3. Dong Qu Home Appliances Service Station posted on its website the wording "TECO electrical appliances repair service." It was a false and misleading representation with regard to content of service and could also affect transaction decisions in violation of Paragraph 4 of Article 21 of the Fair Trade Act and Paragraph 1 of the same article was applicable mutatis mutandis. The FTC imposed an administrative fine of NT$50,000 on the company.
  4. Xiao Shi Guang (transliteration) Day Workshop posted an advertisement on its website as well as social media Facebook and Instagram for "Sculpture miracle – Magnetic Slimming" and claimed "Sculpture miracle – Magnetic Slimming…reducing fat by 19%…increasing muscle by 16%…noninvasive treatment to get rid of the bingo wings, buttocks and abdomen that you hate the most…each HI-ERT is therapy equivalent to 20,000 muscle contractions; this is a high-performance muscle-building and fat-reducing technology" and "sculpture miracle, noninvasive, increasing muscle by 16% and reducing fat by 19%." The wording was a false and misleading representation with regard to content of service and could also affect transaction decisions. It was in violation of Paragraph 4 of Article 21 of the Fair Trade Act and Paragraph 1 of the same article was applicable mutatis mutandis. The FTC imposed an administrative fine of NT$50,000 on the company.
  5. Diamond Lifestyle Corp., a multi-level marketing business, violated Article 7 (1) of the Multi-level Marketing Supervision Act by changing its sales system without filing with the FTC in advance. The FTC imposed an administrative fine of NT$50,000 on the company.
  6. Tong OO, a multi-level marketing operator, violated Article 6 (1) of the Multi-level Marketing Supervision Act by starting operation without filing with the FTC in advance. The FTC imposed an administrative fine of NT$100,000 on the company.
  7. When marketing the Keshuai Air Fryer AF606 on the momo shopping website, Fubon Multimedia Technology Co., Ltd. and Mumou International Co., Ltd. claimed in the advertisement that the product was "the only product of its kind passing the safety certification by the Bureau of Standards, Metrology and Inspection BSMI: R37023." The wording was a false and misleading representation with regard to quality of product and could also affect transaction decisions in violation of Article 21 of the Fair Trade Act. The FTC imposed an administrative fine of NT$50,000 on each company.
  8. Back Co., Ltd., a multi-level marketing business, violated (1) Article 16 (2) of the Multi-level Marketing Supervision Act by recruiting people with limited capacity for civil conduct without obtaining the written consent of their legal representatives and attaching the consent to the participation contract, and (2) Article 21 (2) of the Multi-level Marketing Supervision Act by failing to apply the statutory method to calculate the value of products returned by participants after their contract termination. The FTC ordered the company to immediately cease the two unlawful acts and also imposed on it an administrative fine of NT$200,000.

 

《In case of any discrepancy between the English version and the Chinese Version, the latter shall prevail.》

Updated at:2021-06-17 16:53:26
Back