Country Review: Chinese Taipei:
This report, prepared by the Secretariat of the OECD was the basis for a peer review examination of Chinese Taipei at the OECD's Global Forum on Competition on 9 February, 2006. Competition law in Chinese Taipei has been an important element of the program of economic reforms that moved the eco...
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Format: | Elektronisch Buchkapitel |
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Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2010
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Schlagworte: | |
Online-Zugang: | DE-384 DE-473 DE-824 DE-29 DE-739 DE-355 DE-20 DE-1028 DE-1049 DE-521 DE-861 DE-898 DE-92 DE-91 DE-573 DE-19 Volltext |
Zusammenfassung: | This report, prepared by the Secretariat of the OECD was the basis for a peer review examination of Chinese Taipei at the OECD's Global Forum on Competition on 9 February, 2006. Competition law in Chinese Taipei has been an important element of the program of economic reforms that moved the economy from centrally directed emphasis on manufacturing and exports to a market-driven emphasis on services and high technology. The competition law follows mainstream practice about restrictive agreements, monopolies and anticompetitive mergers, with a particularly clear statutory basis for concentrating enforcement attention on horizontal collusion. The rules about market deception and unfair practices connect the competition law to consumer interests. There is a risk, though, that rules based on a cultural tradition of fairness might lead to interventions to correct differences in bargaining power, which could dampen competition rather than promote it. The competition enforcement agency, the Fair Trade Commission (FTC), is now a stable, experienced administrative agency. It followed an appropriate sequence in introducing competition policy, emphasising transparency and guidance to encourage compliance before undertaking stronger enforcement measures. General reforms are in process that would clarify the independence of the FTC. To improve enforcement against hard-core cartels, a leniency programme should be adopted, and the special treatment for agreements among small businesses should be limited. Some other aspects of the enforcement tool-kit should be revised, such as the cap on fines and the use of market share as a merger notification test. The most visible regulatory reforms to promote competition have been in telecoms, although an independent regulator for that sector is just now being set up. The government retains holdings in privatised firms that could have implications for market competition, so FTC vigilance about the risk of cross-subsidy or other distortion remains warranted |
Beschreibung: | 1 Online-Ressource (37 Seiten) 16 x 23cm |
DOI: | 10.1787/clp-10-5kmjlgt6j0wj |
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spelling | Country Review: Chinese Taipei Organisation for Economic Co-operation and Development Paris OECD Publishing 2010 1 Online-Ressource (37 Seiten) 16 x 23cm txt rdacontent c rdamedia cr rdacarrier This report, prepared by the Secretariat of the OECD was the basis for a peer review examination of Chinese Taipei at the OECD's Global Forum on Competition on 9 February, 2006. Competition law in Chinese Taipei has been an important element of the program of economic reforms that moved the economy from centrally directed emphasis on manufacturing and exports to a market-driven emphasis on services and high technology. The competition law follows mainstream practice about restrictive agreements, monopolies and anticompetitive mergers, with a particularly clear statutory basis for concentrating enforcement attention on horizontal collusion. The rules about market deception and unfair practices connect the competition law to consumer interests. There is a risk, though, that rules based on a cultural tradition of fairness might lead to interventions to correct differences in bargaining power, which could dampen competition rather than promote it. The competition enforcement agency, the Fair Trade Commission (FTC), is now a stable, experienced administrative agency. It followed an appropriate sequence in introducing competition policy, emphasising transparency and guidance to encourage compliance before undertaking stronger enforcement measures. General reforms are in process that would clarify the independence of the FTC. To improve enforcement against hard-core cartels, a leniency programme should be adopted, and the special treatment for agreements among small businesses should be limited. Some other aspects of the enforcement tool-kit should be revised, such as the cap on fines and the use of market share as a merger notification test. The most visible regulatory reforms to promote competition have been in telecoms, although an independent regulator for that sector is just now being set up. The government retains holdings in privatised firms that could have implications for market competition, so FTC vigilance about the risk of cross-subsidy or other distortion remains warranted Governance Taxation Trade Chinese Taipei https://doi.org/10.1787/clp-10-5kmjlgt6j0wj Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Country Review: Chinese Taipei Governance Taxation Trade Chinese Taipei |
title | Country Review: Chinese Taipei |
title_auth | Country Review: Chinese Taipei |
title_exact_search | Country Review: Chinese Taipei |
title_exact_search_txtP | Country Review: Chinese Taipei |
title_full | Country Review: Chinese Taipei Organisation for Economic Co-operation and Development |
title_fullStr | Country Review: Chinese Taipei Organisation for Economic Co-operation and Development |
title_full_unstemmed | Country Review: Chinese Taipei Organisation for Economic Co-operation and Development |
title_short | Country Review: Chinese Taipei |
title_sort | country review chinese taipei |
topic | Governance Taxation Trade Chinese Taipei |
topic_facet | Governance Taxation Trade Chinese Taipei |
url | https://doi.org/10.1787/clp-10-5kmjlgt6j0wj |