LCS & Partners

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Guide to Taiwan merger control: thresholds, foreign-to-foreign and JV treatment, filing mechanics, suspensory regime, penalties, sector regulators, and 2023–2025 developments including Uber–Foodpanda
PRACTICE NOTES
NOTE—to check if notification thresholds in Taiwan and worldwide are triggered, see: Where to Notify. 1. Have there been any recent developments regarding the Taiwanese merger control regime and are any updates/developments expected in the coming year? Are there any other ‘hot’ merger control issues in Taiwan? The Fair Trade Act last underwent revision on 16 June 2017. Among other adjustments, it empowered the Taiwan Fair Trade Commission (TFTC) to prolong the assessment window for merger notifications to up to 90 business days, and gave the TFTC latitude to obtain outside expert views, introducing new steps relevant to hostile takeovers. In June 2023, the TFTC unveiled a draft amendment to the Fair Trade Act eliminating the market share threshold. The proposal aims to bring greater clarity to filing triggers and to lower compliance burdens. It was formulated after surveying overseas statutes and reflecting
Competition
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