Trade Competition Board
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Trade Competition Board
The Trade Competition Commission (TCC, th, คณะกรรมการการแข่งขันทางการค้า), served by its operating body the Office of Trade Competition Commission (OTCC), is the competition regulator of Thailand. First established in 1999, it was reconceived as an independent agency with regulatory powers in 2017. Prior to 2017, the relevant law, the Trade Competition Act, B.E. 2542 (1999), first established the body as a bureau under the Ministry of Commerce's Department of Internal Trade, operating as a government agency overseen by an appointed Trade Competition Board (TCB) chaired ''ex officio'' by the commerce minister. Over the following decade, this legal structure proved inefficient and inadequate—the TCB pursued only one case, against A.P. Honda in 2003, which was dropped after the statute of limitations expired as the case was drawn out for ten years—leading the TCB to be widely seen as a paper tiger. A new law, the Trade Comp ...
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Competition Regulator
A competition regulator is the institution that oversees the functioning of the markets. And the Law in which it takes cognizance of situations having any type of impediments and distortions on the markets and correct them is the competition law (also known as antitrust law). In general it is a government agency, typically a statutory authority, sometimes called an economic regulator, that regulates and enforces competition laws and may sometimes also enforce consumer protection laws. In addition to such agencies, there is often another body responsible for formulating competition policy. Many nations implement competition laws, and there is general agreement on acceptable standards of behaviour. The degree to which countries enforce their competition policy varies substantially. Competition regulators may also regulate certain aspects of mergers and acquisitions and business alliances and regulate or prohibit cartels and monopolies. Other government agencies may have respo ...
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Thailand
Thailand ( ), historically known as Siam () and officially the Kingdom of Thailand, is a country in Southeast Asia, located at the centre of the Indochinese Peninsula, spanning , with a population of almost 70 million. The country is bordered to the north by Myanmar and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the west by the Andaman Sea and the extremity of Myanmar. Thailand also shares maritime borders with Vietnam to the southeast, and Indonesia and India to the southwest. Bangkok is the nation's capital and largest city. Tai peoples migrated from southwestern China to mainland Southeast Asia from the 11th century. Indianised kingdoms such as the Mon, Khmer Empire and Malay states ruled the region, competing with Thai states such as the Kingdoms of Ngoenyang, Sukhothai, Lan Na and Ayutthaya, which also rivalled each other. European contact began in 1511 with a Portuguese diplomatic mission to Ayutthaya, w ...
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Ministry Of Commerce
A Ministry of Trade and Industry, Ministry of Commerce, Ministry of Commerce and Industry or variations is a ministry that is concerned with a nation's trade, industry and commerce. Notable examples are: List *Algeria: Ministry of Industry and Mines *Australia: ** Minister for Trade and Investment (Australia) ** Minister for Trade, Tourism and Major Events (New South Wales) *Azerbaijan: ** Ministry of Industry and Energy (Azerbaijan) ** Ministry of Defence Industry of Azerbaijan **Ministry of Economic Development (Azerbaijan) *Brazil: Ministry of Development, Industry and Foreign Trade (Brazil) *Brunei: ** Ministry of Energy, Manpower and Industry ** Ministry of Finance and Economy (Brunei) ** Ministry of Primary Resources and Tourism *Cambodia: Ministry of Industry, Mining and Energy (Cambodia) *Canada: ** Innovation, Science and Economic Development Canada ** Minister of International Trade (Canada) **Manitoba *** Minister of Industry and Commerce (Manitoba) *** Ministry of I ...
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Government Agency (Thailand)
The state agencies ( th, หน่วยงานของรัฐ) that form Thailand's public sector consist of several types of functioning bodies. While some agencies established by mandate of the constitution are independent, others are directly or indirectly answerable to the executive of the Royal Thai Government. The majority of these are government agencies, which employ the civil service as well as the military. Others include public organizations and state enterprises. Constitutional organizations In addition to the constituents of the three branches of government, the (now-repealed) 2007 constitution provided for certain regulatory and advisory bodies. For further details, see Constitutional organizations of Thailand. Agencies under executive regulation Government agencies under direct control of the ministries are the oldest type of state agency. They date to the establishment of the modern bureaucracy by King Chulalongkorn in the 19th century, while state enterpris ...
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Ex Officio
An ''ex officio'' member is a member of a body (notably a board, committee, council) who is part of it by virtue of holding another office. The term '' ex officio'' is Latin, meaning literally 'from the office', and the sense intended is 'by right of office'; its use dates back to the Roman Republic. According to ''Robert's Rules of Order'', the term denotes only how one becomes a member of a body. Accordingly, the rights of an ''ex officio'' member are exactly the same as other members unless otherwise stated in regulations or bylaws. It relates to the notion that the position refers to the position the ex officio holds, rather than the individual that holds the position. In some groups, ''ex officio'' members may frequently abstain from voting. Opposite notions are dual mandate, when the same person happens to hold two offices or more, although these offices are not in themselves associated; and personal union, when two states share the same monarch. For profit and nonprofit u ...
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Paper Tiger
"Paper tiger" is a literal English translation of the Chinese phrase ''zhǐlǎohǔ'' ( zh, s=纸老虎, t=紙老虎). The term refers to something or someone that claims or appears to be powerful or threatening, but is actually ineffectual and unable to withstand challenge. The expression became well known internationally as a slogan used by Mao Zedong, Former Chairman of the Chinese Communist Party and paramount leader of China, against his political opponents, particularly the United States. It has since been used in various capacities and variations to describe many other opponents and entities, such as North Korea, Russia, and even China itself. Origin ''Zhilaohu'' is an ancient phrase. Robert Morrison, the British missionary and lexicographer, translated the phrase as "a paper tiger" in ''Vocabulary of the Canton Dialect'' in 1828. John Francis Davis translated the Chinese phrase as "paper tiger" in a book on Chinese history published in 1836. In a meeting with Henry Ki ...
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Tesco Lotus
Lotus's (formerly known as Lotus Supercenter, Tesco Lotus Supercenter and Tesco Lotus) is a retail chain in Thailand founded and operated by Charoen Pokphand (CP) Group, with operations in Malaysia following the acquisition of Tesco Malaysia in 2020. Description In 1994, the Charoen Pokphand (CP) Group established the Lotus Supercenter chain, opening its first outlet at Seacon Square. In 1998, British supermarket chain Tesco acquired a stake of the Lotus Supercenter chain to form "Tesco Lotus". CP Group sold most of its remaining shares of Tesco Lotus in 2003. Tesco Lotus stores currently operate in five formats: Extra, Hypermarket, Department Store, Talad, and Express. Extra, Hypermarket, and Department store formats sell fresh food, prepared foods, and grocery offerings as well as a non-food offerings including electrical appliances, apparel, toys, stationery, and household goods. ''Talad'' ('market') is a "supermarket format" selling mainly groceries. Express is a convenienc ...
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CP Group
The Charoen Pokphand Group Company, Ltd. (CP) (; ) is a Thai conglomerate based in Bangkok. It is Thailand's largest private company and the largest privately held Royal Warrant holder of the Thai Royal Family. The company describes itself as having eight business lines covering 13 business groups. , the group has investments in 21 countries. It owns controlling stakes in Charoen Pokphand Foods (CPF), the world's largest producer of feed, shrimp, and a global top three producer of poultry, pork, among other agricultural produces. It also operates Southeast Asia's largest retail business by revenue, with over 12,000 7-Eleven stores the second largest in the world after the 20,000 stores in Japan and a leading cash and carry business through Siam Makro. In the telecommunications sector, CP Group subsidiary, True Group, is one of the largest telecom firms in Southeast Asia with over 25 million mobile customers. With some 200 business subsidiaries in mainland China, CP Group is known ...
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Independent Administrative Organizations Of Thailand
Independent or Independents may refer to: Arts, entertainment, and media Artist groups * Independents (artist group), a group of modernist painters based in the New Hope, Pennsylvania, area of the United States during the early 1930s * Independents (Oporto artist group), a Portuguese artist group historically linked to abstract art and to Fernando Lanhas, the central figure of Portuguese abstractionism Music Groups, labels, and genres * Independent music, a number of genres associated with independent labels * Independent record label, a record label not associated with a major label * Independent Albums, American albums chart Albums * ''Independent'' (Ai album), 2012 * ''Independent'' (Faze album), 2006 * ''Independent'' (Sacred Reich album), 1993 Songs * "Independent" (song), a 2007 song by Webbie * "Independent", a 2002 song by Ayumi Hamasaki from '' H'' News and media organizations * ''The Independent'', a British online newspaper. * ''The Malta Independent'', a Malt ...
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Competition Regulators
Competition is a rivalry where two or more parties strive for a common goal which cannot be shared: where one's gain is the other's loss (an example of which is a zero-sum game). Competition can arise between entities such as organisms, individuals, economic and social groups, etc. The rivalry can be over attainment of any exclusive goal, including recognition: Competition occurs in nature, between living organisms which co-exist in the same environment. Animals compete over water supplies, food, mates, and other biological resources. Humans usually compete for food and mates, though when these needs are met deep rivalries often arise over the pursuit of wealth, power, prestige, and fame when in a static, repetitive, or unchanging environment. Competition is a major tenet of market economies and business, often associated with business competition as companies are in competition with at least one other firm over the same group of customers. Competition inside a company is usu ...
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Economy Of Thailand
The economy of Thailand is dependent on exports, which accounted in 2019 for about sixty per cent of the country's gross domestic product (GDP). Thailand itself is a newly industrialized country, with a GDP of 16.316 trillion baht (US$505 billion) in 2018, the 8th largest economy of Asia, according to the World Bank. As of 2018, Thailand has an average inflation of 1.06% and an account surplus of 7.5% of the country's GDP. The Thai economy was expected to post 3.8% growth in 2019. Its currency, the Thai Baht, ranked as the tenth most frequently used world payment currency in 2017. The industrial and service sectors are the main sectors in the Thai gross domestic product, with the former accounting for 39.2 percent of GDP. Thailand's agricultural sector produces 8.4 percent of GDP—lower than the trade and logistics and communication sectors, which account for 13.4 percent and 9.8 percent of GDP respectively. The construction and mining sector adds 4.3 percent to the ...
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1999 Establishments In Thailand
File:1999 Events Collage.png, From left, clockwise: The funeral procession of King Hussein of Jordan in Amman; the 1999 İzmit earthquake kills over 17,000 people in Turkey; the Columbine High School massacre, one of the first major school shootings in the United States; the Year 2000 problem ("Y2K"), perceived as a major concern in the lead-up to the year 2000; the Millennium Dome opens in London; online music downloading platform Napster is launched, soon a source of online piracy; NASA loses both the Mars Climate Orbiter and the Mars Polar Lander; a destroyed T-55 tank near Prizren during the Kosovo War., 300x300px, thumb rect 0 0 200 200 Death and state funeral of King Hussein rect 200 0 400 200 1999 İzmit earthquake rect 400 0 600 200 Columbine High School massacre rect 0 200 300 400 Kosovo War rect 300 200 600 400 Year 2000 problem rect 0 400 200 600 Mars Climate Orbiter rect 200 400 400 600 Napster rect 400 400 600 600 Millennium Dome 1999 was designated as ...
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