Sustainability and Competition Global Practice Guide |
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Taiwan |
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(Asia Pacific)
Firm
Tsar & Tsai Law Firm
Contributors
Matt Liu |
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Are ESG measures/sustainability agreements included in your jurisdictional competition regime? | No. |
If ESG measures/sustainability agreements are not included in your jurisdictional competition regime, do you foresee any new regulations coming into place in 2022? | No. |
Has your Authority issued any guidance on the role, if any, of ESG in the competition law analysis applied to mergers or other conduct? | No. |
Has your jurisdiction issued guidance regarding competitor collaborations or participating in industry working groups, and if so, do they specifically address ESG? | No. |
Can parties seek specific guidance from authorities on proposed ESG initiatives? | No. |
How, if at all, does your jurisdiction quantify or calculate the ESG effects? | No. |
What does your legal authority currently permit even if your agency is not yet active on this topic? | No. |
Are there precedents that involved ESG/sustainability matters in your country? If so please provide a short description. | No. |
Is there specific antitrust regulation in your jurisdiction to be aware of which might give rise to private or class action ESG litigation? | According to Article 30 of the Taiwan Fair Trade Act, a claimant may bring a private damage suit against companies participating in a concerted action (cartel) relating to ESG collaboration. |
Sustainability and Competition Global Practice Guide
Are ESG measures/sustainability agreements included in your jurisdictional competition regime?
No.
If ESG measures/sustainability agreements are not included in your jurisdictional competition regime, do you foresee any new regulations coming into place in 2022?
No.
Has your Authority issued any guidance on the role, if any, of ESG in the competition law analysis applied to mergers or other conduct?
No.
Has your jurisdiction issued guidance regarding competitor collaborations or participating in industry working groups, and if so, do they specifically address ESG?
No.
Can parties seek specific guidance from authorities on proposed ESG initiatives?
No.
How, if at all, does your jurisdiction quantify or calculate the ESG effects?
No.
What does your legal authority currently permit even if your agency is not yet active on this topic?
No.
Are there precedents that involved ESG/sustainability matters in your country? If so please provide a short description.
No.
Is there specific antitrust regulation in your jurisdiction to be aware of which might give rise to private or class action ESG litigation?
According to Article 30 of the Taiwan Fair Trade Act, a claimant may bring a private damage suit against companies participating in a concerted action (cartel) relating to ESG collaboration.