Uni-President deal boosts shares

Though the deal will have a significant effect on the market it did not violate fair trade regulations as the shares Uni-President acquired accounted for less than one-third, said Chen Chi-yuan (陳紀元), vice chairman of the Fair Trade Commission.

"Uni-President has to report to the commission if it wants to boost the share to 33 percent in the future," Chen said. "The commission would then evaluate if the deal involved restrictive practices and the impact on the macroeconomic benefits."