March 21, 2023
* TAIWAN CEMENT *

In recent cases, five companies, including Taiwan Cement and Yadong Ready-Mixed Concrete, were accused of jointly increasing the price of ready-mixed concrete. The fair held that their actions were sufficient to affect the functions of the ready-mixed concrete supply and demand markets in Tainan and Kaohsiung, and imposed a 100 A fine of 10,000 to 20 million yuan was fined; after the five business owners filed administrative litigation, the court held that the business was based on economic rationality and the pursuit of maximum benefits, and the economic behavior was decided by independent will and the penalty was cancelled.

In addition, not every kind of joint behavior is prohibited. Joint behaviors that are beneficial to the overall economy and public interest can legally exist and be implemented with the permission of the Fair. There are many types of “exceptional licenses”, among which are “exports”. “Combined with input” has the highest ratio.

https://ec.ltn.com.tw/article/paper/1421668

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