The Taiwanese Competition Authority fines an association for restricting members from bidding competition in government procurement projects (Gong-Chu-Tzyh)

Introduction On November 14, 2014, the Taiwan Fair Trade Commission (TFTC) fined the Kaohsiung Association of Real Estate Appraisers (the Association) for restricting its members from bidding competition in government procurement projects. The TFTC found that the Association stated in its board resolution that members should not undercut its bidding prices below a specified percentage for government procurement projects. The Association attempted to justify its requirement by asserting that maintaining a reasonably competitive market was essential and that the requirement did not specify the exact price level below that which the members were prohibited from undercutting. However, the TFTC concluded that the restriction diminished the incentive for members to reduce bidding prices

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  • Taiwan Fair Trade Commission (Taipei)

Quotation

Andy Chen, The Taiwanese Competition Authority fines an association for restricting members from bidding competition in government procurement projects (Gong-Chu-Tzyh), 14 November 2014, e-Competitions November 2014, Art. N° 70818

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