ANTITRUST ACTION
TCB pushes Honda charges
- Published: 7 Jan 2013 at 00.00
- Newspaper section: Business
The Trade Competition Board (TCB) will forward its unfair trade charges against AP Honda, the local distributor of Honda motorcycles, to prosecutors before the statute of limitations expires in April.
Santichai Santawanpas, deputy director-general of the Foreign Trade Department, said detailed investigation results about the marathon charge will be put before a TCB meeting chaired by Commerce Minister Boonsong Teriyapirom on Thursday.
The case against AP Honda, based on distributors' complaints, dates back to 2003, when the TCB ruled the company violated Section 29 of the Trade Competition Act by indirectly forcing its agents to distribute only Honda motorcycles. AP Honda, which had a 70% market share, tended to block agents from selling other brands, distributors said. The TCB sent its findings to the court, but prosecutors declined to press the case and asked for more information.
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