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15228 April 2009
By: Stephen C. Wu and Yvonne Y. Hsieh
(The article reflects only the authors' opinion and does not represent the opinion of Lee and Li.)
Cashbox Party World Karaoke Parlors ("Partyworld") and Holiday Group Co. Ltd. ("Holiday") are the largest and second-largest enterprises in the multimedia karaoke parlor market in Taiwan. In a decision dated 15 April 2009, the Taiwan Fair Trade Commission ("TFTC") determined that the potential adverse consequences of stifled competition arising from the proposed acquisition and merger of Partyworld by Holiday would outweigh the overall economic benefit from the transaction. This is the third time that the TFTC blocked the proposed merger. -
14603 April 2009
By: Stephen C. Wu and Yvonne Y. Hsieh
(The article reflects only the authors' opinion and does not represent the opinion of Lee and Li.)
On 25 March 2009, at a commissioners' meeting the Taiwan Fair Trade Commission found that Taiwan Digital Fiber Technology Co. Ltd. had failed to file a pre-combination notification with the Taiwan Fair Trade Commission for its acquisition of more than one-third of the issued shares in several cable television system operators. -
11011 March 2009
Amendment of the Monopoly Regulation and Fair Trade Act of South Korea
By: Keum-Seok Oh and Seong-Un Yun
On 6 March 2009, the Monopoly Regulation and Fair Trade Act was amended to abolish the 30 day deadline to file the pre-closing report of business combinations. -
10910 March 2009
Korea - Merger Control 2009 (Global Competition Review)
By: Seong Un Yun and Sang Hoon Shin
The following article summarises the merger control regime in Korea, pursuant to the Monopoly Regulation and Fair Trade Act. -
14309 March 2009
By: Stephen C. Wu and Sophia M. Chih
(The article reflects only the authors' opinion and does not represent the opinion of Lee and Li.)
On 19 February 2009, the Taiwan Supreme Administrative Court ruled that Taiwan's two largest motor fuel suppliers, Chinese Petroleum Corporation and Formosa Petrochemical Corporation, had engaged in concerted actions against Article 14 of the Taiwan Fair Trade Act.