FAIR TRADE LAW
Article 14
No enterprise shall have any concerted
action; unless the concerted action that meets the requirements under one of
the following circumstances is beneficial to the economy as a whole and in the
public interest, and the central competent authority has approved such concerted
action:
- unifying the specifications or
models of goods for the purpose of reducing costs, improving quality, or increasing
efficiency;
- joint research and development
on goods or markets for the purpose of upgrading technology, improving quality,
reducing costs, or increasing efficiency;
- each developing a separate and
specialized area for the purpose of rationalizing operations;
- entering into agreements concerning
solely the competition in foreign markets for the purpose of securing or promoting
exports;
- joint acts in regards to the importation
of foreign goods for the purpose of strengthening trade;
- joint acts limiting the quantity
of production and sales, equipment, or prices for the purpose of meeting the
demand orderly, while in economic downturn, the market price of products is
lower than the average production costs so that the enterprises in a particular
industry have difficulty to maintain their business or encounter a situation
of overproduction; or
- joint acts for the purpose of
improving operational efficiency or strengthening the competitiveness of small-medium
enterprises.