The potential acquisition of Kbro, Taiwan's biggest cable TV operator, by Fubon Corporation has sparked concerns over monopoly, as the deal will give the buyer one third of the local market share. And the official media regulator, NCC said that it will seek further opinion from experts and the public before deciding whether to approve the case or not.

The Fubon Group recently opened its first department store on Nanjing East Road, and has plans to construct an even larger retail outlet in the Xinyi District.

The group has major stakes in the media, telecommunications, and financial industries, and Fubon Chairman Daniel Tsai is intent on building a media empire.

To that end, the conglomerate is currently in the midst of acquiring Kbro.

If the National Communications Commission approves the 36 billion NT deal this week as expected,

Fubon will have control over one-third of Taiwan's total cable subscribers.

In the next few months, Fubon will begin trying to replicate its acquisition experience in Beijing in an attempt to establish a foothold in the Chinese market.

However, many are concerned that Fubon's cross-industry investments could result in media control issues, and are calling on the NCC to consider the possibility that Fubon is on its way to becoming a monopoly.