THE Philippine Competition Commission (PCC) started an investigation into the cement industry this year, with a full report on alleged anti-competitive behavior due by 2019.
Aug 022017
Jul 242017
THE deal to settle Mighty Corp.’s P25-billion tax liability, accompanied by a takeover of the company by JT International (Philippines), Inc., may require approval from the Philippine Competition Commission (PCC), the Finance department said.
Feb 212017
THE Philippine Competition Commission (PCC) is keeping the threshold for mergers and acquisitions (M&A) that require its approval, saying there is “no pressing need” to raise the P1-billion cap for such deals it needs to review.
Feb 012017
After the Philippine Competition Commission (PCC) was formed in February last year, parties to a merger or acquisition that is valued at more than P1 Billion were mandated to notify the Commission in writing. Such notification was the only requirement until June 2016. The Implementing Rules and Regulations (IRR) of the Philippine Competition Act (PCA) which became effective on June 18, 2016 provided for the guidelines in determining the “value” of covered merger or acquisition as well as the review procedure.
Jan 312017
THE Philippine Competition Commission (PCC) is seeking the help of the Department of Trade and Industry (DTI) in revising rules that currently make it difficult for foreign construction firms to do business here in the country.
Jan 062017
THE Philippine Competition Commission (PCC) said it wants to remove language favoring Filipino nationals in the licensing of contractors, calling the current provisions in Republic Act 4566 anticompetitive.
Sep 122016
THE Energy Regulatory Commission (ERC) is looking into a possible arrangement with the Philippine Competition Commission (PCC) that will allow the two agencies to work together in a crackdown on anti-competitive behavior across the energy sector, an official said.