Overview of the law and enforcement regime relating to cartels The governing law for competition enforcement in Taiwan is the Taiwan Fair Trade Act (“TFTA”). The TFTA was enacted in February 1991, and took effect in 1992. The most recent comprehensive amendments to the TFTA, as it concerns cartel enforcement, took place in February 2015. The stated purpose of the law is “maintaining trading order, protecting consumers’ interests, ensuring free and fair competition, and promoting economic stability and prosperity”.
Originally published in Global Legal Insights' Cartels: Enforcement, Appeals and Damages Actions 2019.
Please see full publication below for more information.