Page 24 - 2024 ANNUAL REPORT FAIR TRADE COMMISSION
P. 24
Fair Trade Commission Annual Report 2024
estate transactions
1. Falsely claiming taking 3 minutes to walk to the MRT station
The FTC received complaints about Guanjie Construction and Development Co., Ltd. and Jingrui Advertising Co., Ltd. falsely claiming “In the future, taking 3 minutes to walk to the housing complex. Transportation would be convenient.
The FTC conducted an investigation and found out that the Purple Line was still in the planning process. The station locations were only indicated with codes and it was annotated that the route lengths and locations were in the initial planning stage and feasibility would applied to indicate the routes. In other words, the MRT Bureau had not yet designated the station locations. Apparently, the claim in the advertisement was inconsistent with the Bureau’s announcement. It was in violation of Paragraph 1, Article 21 of the Fair Trade Act. The FTC
2. Falsely claiming closed deal market shares
The FTC received complaints accusing Yung Ching Rehouse Co. (hereinafter referred to as Yung Ching Rehouse) of posting false advertisements carrying the wording “Yung Ching
The FTC’s investigation revealed that among the areas under the company’s direct
Xindian and Shenkeng Districts, and Shilin District, Daan District, Tucheng District and Xindian District, only the closed deal cases in Shilin District reached direct management, Daan District, Tucheng District and Xindian District, the on average. Under such
22
