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Mon, Jul 15 2024, 1:57:25Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 12345678[9]10 ]
Subject: Taiwanese Fair Trade Act 1992 vs Singaporean Fair Trading Act 2004

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Date Posted: Tue, May 24 2005, 2:31:39

The Taiwanese Fair Trade Act was promulgated on February 4, 1991 and effective on February 4, 1992 while the Singaporean Fair Trading Act was promulgated in 2003 and effective on March 1, 2004 (or 12 years later).

The Taiwanese has FTC and we have CASE ... OUCH!


About the Fair Trade Commission (FTC) Taiwan
The Fair Trade Law of the Republic of China (ROC) was enacted by the Legislative Yuan Congress on February 4, 1991 and went into effect on the same date one year later.

The aim of the law is to maintain trading order, protect consumer interests, ensure fair competition, promote economic stability and prosperity, and provide fair and reasonable competition rules.

The Fair Trade Commission (FTC) was established by the Executive Yuan on January 27, 1992 and charged with the important mission of formulating competition policy and enforcing the Fair Trade Law. Ever since its establishment, the FTC has vigorously carried out its duties in line with the administrative principles of "earnestly administering the law, supporting economic development, serving the public interest, and keeping abreast of international trends."

Thanks to the hard work of our FTC colleagues and support from all quarters of society, we have made great progress in our efforts to establish a fair trading system, enforce fair trade laws and regulations, promote greater awareness and acceptance of the Fair Trade Law, and promote international exchange and cooperation. These efforts will help achieve economic stability and growth in Taiwan.

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