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Thai Industry Minister Unhappy with Honda Ruling.
Byline: Yuthana Praiwan
May 6--Industry Minister Somsak Thepsuthin disagrees with the Trade Competition Board's ruling that AP Honda Co engaged in unfair trade practices in the motorcycle business.
He described the ruling as unusual for the automotive business. "It is common in business -- the dominant players will stay on top while the weaker ones will fall by the wayside," he said.
Mr Somsak said Honda motorcycles gained a majority market share after the economic crisis in 1997-98 when it became the first company to make four-stroke engine models locally, earning substantial sales from heavy promotion of the cleaner, more fuel-efficient ...
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...the recommendations of the Trade Competition Board in determining the meaning...while the Act provides the Trade Competition Board a vital role in making this...sales in excess of what the Trade Competition Board determines, with approval...
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...letter submitted to the Trade Competition Board. Vorawut Rojanapanich...Chidchob, who chaired the Trade Competition Board meeting yesterday, said...development yesterday, the Trade Competition Board, appointed Somphop Amatayakul...
Source: HighBeam Research, Thai Industry Minister Unhappy with Honda Ruling.