The Fair Trade Commission (FTC) noted that GIANT Heavy Machinery Service (GIANT) and Taiwan International Ports Corporation (TIPC) intend to jointly establish and operate Taiwan International Ports Heavy Machinery (TIPH), with both companies holding more than one-third of the new company's shares and directly controlling its business operations and personnel appointments.

The FTC pointed out that TIPC and GIANT's business operations do not overlap, with each being engaged in port operations and heavy-lift transportation services, respectively, which means there is no significant potential for competition between them. Although it is expected that TIPH and GIANT will be involved in heavy-lift transportation services in the future, a comprehensive evaluation indicates that the merger will not have a significant impact on market structure or competition. The quality of services provided by the companies differs, market entry barriers are low, and there are no significant concerns about restrictions on competition in the relevant market.

Additionally, the FTC stated that TIPC is a monopoly in the port operations market in Taiwan. Although it is now entering the heavy-lift transportation services market, this does not involve TIPC's port authority, and it has clearly stated that it will not hinder competition in the heavy-lift transportation services market. The Ministry of Transportation and Communications and the Ministry of Economic Affairs also believe that the merger will have positive benefits for the government's plan to promote the offshore wind power industry.

After reviewing the case, the FTC concluded that there are no significant concerns about competition restrictions resulting from the merger and determined that the overall economic benefits outweigh the potential drawbacks of limiting competition. Therefore, the merger is not prohibited.