Coin Chemical Industrial Co., Ltd. applied for approval on its assignment to AKZO Nobel Chemicals B.V. all DCP and CHP production equipment in its production facilities, in accordance with Article 11 of the Fair Trade Law
Case:
Coin Chemical Industrial Co., Ltd. applied for approval on its assignment to AKZO Nobel Chemicals B.V. all DCP and CHP production equipment in its production facilities, in accordance with Article 11 of the Fair Trade Law
Key Words:
DCP and CHP
Reference:
Fair Trade Commission Decision of February 2, 2000 (430th Commissioners' Meeting); Decision (89) Kung Chieh Tzu No. 111
Industry:
Precision Chemical Materials Production Industry (2113)
Relevant Laws:
Summary:
1. Subject of the application: Coin Chemical Industrial Co., Ltd. planned to assign to AKZO Nobel Chemicals B.V., all DCP and CHP production equipment in its production facilities situated at No. 12, Lin 6, Ta-tan Ts'un, Kuanyin Hsiang, Taoyuan Hsien. Therefore, it applied for approval in accordance with Article 11 of the Fair Trade Law (FTL). 2. Contents of the approval: The proposed transaction described in the preceding paragraph is a merger provided in Article 6(1)(iii) of the FTL, which is approved. 3. Reasons for the approval: The merger would benefit the competitiveness of Chinese Taipei's DCP products in international markets, and it would not significantly affect the overall competitive structure of Chinese Taipei's DCP products market because only the business and the equipment of the DCP products would be assigned. The merger would also bring in foreign investment, raise product quality and production volume (further increasing competitiveness), and strengthen the competitiveness of Chinese Taipei's DCP products in international markets. The merger's overall economic benefit exceeded the drawback of restraining competition, so the merger was approved pursuant to Article 12 of the FTL. Appendix: AKZO Nobel Chemicals B.V.'s Uniform Invoice Number: 70750201 Coin Chemical Industrial Co., Ltd.'s Uniform Invoice Number: 04397411 Summarized by Lin Hsiao-hung; Supervised by Li Yen-hsi