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12001 November 2008Taiwan Fair Trade Commission Bars Instant Noodle Combination
By: Yvonne Hsieh
(The article reflects only the authors' opinion and does not represent the opinion of Lee and Li.)
In a decision dated 10 September 2008, the Taiwan Fair Trade Commission (TFTC) ruled on a proposal by a leading instant noodle vendor to indirectly acquire, through a subsidiary, more than one third of the shares in another leading instant noodle vendor. Finding that the proposed takeover was likely to significantly restrict competition, and considering the insignificance of the overall economic benefit of the proposed takeover, the TFTC held that the overall economic benefit of the business combination would not outweigh the disbenefit of restraint of competition, and barred the takeover. -
12115 September 2008Taiwan Fair Trade Commission Block the Combination between Uni-President Enterprises Corp. and Wei Lih Food Industrial Co. Ltd.
By: Stephen C. Wu and Jill Y.T. Chen
(The article reflects only the authors' opinion and does not represent the opinion of Lee and Li.)
On 10 September 2008, the Taiwan Fair Trade Commission (TFTC) decided to block the proposed acquisition of more than one-third of the shares in Wei Lih Food Industrial Co., Ltd. by Cayman President Holdings Limited, a wholly-owned subsidiary of Uni-President Enterprises Corp. -
12201 September 2008China's Antimonopoly Law Takes Effect
By: Yvonne Hsieh
(The article reflects only the authors' opinion and does not represent the opinion of Lee and Li.)
The Standing Committee of the PRC National People's Congress enacted the Antimonopoly Law (AML) on 30 August 2007, and the Law took effect on 1 August 2008. The article discusses some of the noteworthy features of the new law. -
12301 July 2008Taiwan Fair Trade Commission Again Blocks KTV Merger
By: Yvonne Hsieh
(The article reflects only the authors' opinion and does not represent the opinion of Lee and Li.)
In a decision dated 24 April 2008, the Taiwan Fair Trade Commission (TFTC) determined that the adverse consequences of restraining competition arising from the proposed acquisition and merger of Cashbox Party World Karaoke Parlors by Holiday Group Co. Ltd. would outweigh the overall economic benefit from the transaction. Thus the TFTC prohibited the merger. -
12401 May 2008Taiwan Fair Trade Commission Guidelines on Domestic Airline Mergers and Concerted Actions
By: Yvonne Hsieh
(The article reflects only the authors' opinion and does not represent the opinion of Lee and Li.)
On 8 January 2008 the Taiwan Fair Trade Commission (TFTC) revoked its Guidelines for Handling Civil Air Transportation Enterprises' Merger Filings and Guidelines on Unendorsed Ticket Transfers between Airline Companies, and issued Guidelines for Handling Merger and Concerted Action Cases of Domestic Civil Air Transportation Enterprises. This article discusses the main points of the new Guidelines.