Fair Trade Commission (Republic of China)
Fair Trade Commission (FTC; Traditional Chinese: 公平交易委員會) is an independent government agency subordinate to the Executive Yuan which is responsible for competition policy, trade practices, formulating fair trade policy, laws, regulations, investigating activities restricting competition, such as monopolies, mergers, collusions, cartels, and other unfair trade practices on the part of enterprises in the Free Area of the Republic of China. [1]
The FTC is different from other foreign government regulators in that the Consumer Protection functions is administered by the Consumer Protection Commission.
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[edit] History
The Fair Trade Commission was created in 1992 to regulate competition and enforced trade practices. It has the powers to investigate illegal activities such as predatory pricing, collusion, cartels, mergers and other unfair trade practices that hurt choices, prices, create monopolies and reduce competition. [2]
[edit] Structure
- First Department
- Second Department
- Third Department
- Department of Planning
- Department of Legal Affairs
- Secretariat
- Personnel Office
- Accounting Office
- Statistical Office
- Civil Service Ethics Office
[edit] Office
Fair Trade Commission is located in hongjheng (Zhongzheng) District, Taipei City.
[edit] See also
[edit] References
[edit] External links
- Free Trade Commission Official Website (Chinese)
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