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Home NewsDecember 2022,[Merger notifications or concerted action applications]
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  1. Formosa Oilseed Processing Co., Ltd., Fwusow Industry Co., Ltd. and Uni-President Enterprises Corporation applied for approval to extend the permission for the three companies to engage in the joint shipment of barley imports for five years. Citing the proviso in Article 15 (1) and Article 16 (2) of the Fair Trade Act, the FTC approved the application with undertakings attached.
  2. Taiwan Mobile Co., Ltd. filed a merger notification regarding its merger with newly-established Prosperous Living Co., Ltd. by making an investment in the latter through Woori Homeshopping Co., Ltd. and Fubon Multimedia Technology Co., Ltd. Citing Article 13 (1) of the Fair Trade Act, the FTC did not prohibit the merger.
  3. The merger notification filed by China Airlines regarding its intention to jointly operate the "Taoyuan-Ho Chi Minh City" passenger air route with Vietnam Airlines did not comply with the regulation set forth in the proviso in Article 15 (1) of the Fair Trade Act. Therefore, the FTC rejected the application.

 

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

Updated at:2023-01-18 17:11:12
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