Fair Trade Commission (Republic of China)
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The Fair Trade Commission (FTC; ) 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 Republic of China (
Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the nort ...
).
The FTC is different from other foreign government regulators in that the Consumer Protection functions is administered by the
Consumer Protection Committee The Consumer Protection Committee (CPC; ) is the agency of the Executive Yuan of Taiwan (ROC) which is responsible for consultation, discussion, and review of important consumer protection policies, laws and regulations, mechanisms, and enforcemen ...
.


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 Predatory pricing is a pricing strategy, using the method of undercutting on a larger scale, where a dominant firm in an industry will deliberately reduce the prices of a product or service to loss-making levels in the short-term. The aim is th ...
, collusion, cartels, mergers and other unfair trade practices that hurt choices, prices, create monopolies and reduce competition.


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


Chairpersons

*
Wang Chih-kang Wang Chih-kang (; born 7 September 1942) is a Taiwanese Mainlander politician. Wang holds a doctorate from Texas A&M University. Wang was the first chairman of the Fair Trade Commission between 1992 and 1996. He then served as Ministry of ...
(27 January 1992 – 9 June 1996) *
Chao Yang-ching Chao may refer to: People * Chao (surname), various Chinese surnames (including 晁 and 巢, as well as non-Pinyin spellings) * Zhou (surname) (周), may also be spelled Chao * Zhao (surname) (趙/赵), may also be spelled Chao in Taiwan and Hon ...
(10 June 1996 – 26 January 2001; acting until 26 January 1998) * (27 January 2001 – 26 January 2007) * Yu Chao-chuan (27 January 2007 – 31 January 2007) * (1 February 2007 – 31 July 2009) *
Wu Shiow-ming Wu Shiow-ming (; born 2 June 1960) is a Taiwanese professor of competition law and a politician. He was the Chairperson of the Fair Trade Commission from 1 August 2009 to 31 January 2017. It is the first time that the Chairperson has the academ ...
(1 August 2009 – 31 January 2017; acting until 31 January 2010) * Huang Mei-ying (since 1 February 2017)


Transportation

The building is accessible within walking distance South West from
Shandao Temple Station Shandao Temple (formerly transliterated as Shantao Temple Station until 2003), secondary station name Huashan, is a station on the Bannan line of Taipei Metro in Zhongzheng District, Taipei, Taiwan. It is named after the Shandao Temple. Station ...
of the
Taipei Metro Taipei Mass Rapid Transit (MRT), branded as Metro Taipei, is a rapid transit system serving the areas of Taipei and New Taipei in Taiwan, operated by the government-owned Taipei Rapid Transit Corporation, which also operates the Maokong Gondo ...
.


See also

* Executive Yuan * Competition regulator


References


External links


Free Trade Commission Official Website
{{Authority control Government agencies established in 1992 1992 establishments in Taiwan Consumer organizations in Taiwan Executive Yuan Competition regulators Regulation in Taiwan