Page 17 - FAIR TRADE COMMISSION 2023 ANNUAL REPORT

P.17
Handing down heavy sanctions on telecom and ready mixed concrete businesses for their illegal concerted actions p.18
Imposing heavy fines on beauty businesses for using making friends as a pretext to market products p.21
Sanctioning multi-level marketing businesses for failing to stop their participants’ illegitimate marketing practices p.22
Adopting insightful thinking in policy formulation in the digital economy
Winning a Concurrences 2024 Antitrust Writing Award p.23
Stepping up enforcement to exhibit performance
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P.31
Applying technology to execute online advertising investigation projects p.31
Working with other central government agencies to deter hyping in sales of presale homes p.32
P.34
Approving the Regulations Governing Issuance of Rewards for Reporters of Illegal Multi-level Marketing Practices p.37
Making improvements in the promotion of fair trade concepts
Promoting the Fair Trade G2B Express project to provide customized presentation content p.41
Conducting the Workshop on the Fair Trade Act and Cases for the Southern Elite p.42
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Making amendments to perfect complementary measures for digital economy regulations p.24
Creating a task force to cope with AI challenges p.27
Optimizing the merger system
Relaxing merger controls p.28
Handling mergers of large distributors with care p.29
Fighting false advertising and illegitimate marketing practices
P.28
Optimizing the multi-level marketing administration system
Simplifying multi-level marketing registration procedures to upgrade administrative efficiency p.36
Making professional contributions and drawing global attention
Participating in international competition law activities organized by the OECD, ICN and APEC p.47
Strengthening relationships with the US and Canadian competition authorities and improving international exchanges p.50
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Administration Highlights in 2023