Focus Taiwan
Date: 2018/02/26
By: Tsai Yi-chu and Flor Wang
Taipei, Feb. 26 (CNA) Taiwan’s Fair Trade Commission (FTC) has launched an investigation into a massive run on toilet paper amid expectations of a price increase in mid-March, and will host a forum on Tuesday to address the issue.
The FTC sent officials to outlets of major hypermarkets looking for evidence that they jointly raised the price of toilet paper to benefit from the huge surge in demand, said FTC deputy chief Perng Shaw-jiin (彭紹瑾) on Monday.
A post on the FTC’s website also urged all parties not to jointly engage in manipulating the price of the item as toilet paper supplies at brick and mortar stores or e-commerce sites were being snatched up by consumers. [FULL STORY]