philippines - Competition Law & Anti-Trust

PCC gives Nod to Grab-Uber Deal

MANILA, Aug 10 (PNA) - The Philippine Competition Commission (PCC) Chairman Arsenio Balisacan announced Friday the antitrust body has given the green light to go ahead with the acquisition deal between transport network companies (TNCs) Grab and Uber.
Date: 10 August 2018; Type: Legal News; Source: Philippine News Agency

DTI urge PCC to review Foreign Shipping Charges

The Department of Trade and Industry is requesting the Philippine Competition Commission to look into excessive and unreasonable charges imposed by foreign shipping lines to importers and exporters, amid the growing concerns of business community about these surcharges which continue to undermine the competitiveness of local industries.
Date: 26 July 2018; Type: Industry Updates; Source: Department of Trade and Industry

Duterte warns Rice hoarders, Cartels

MANILA, July 24 (PNA) - President Rodrigo R. Duterte on Monday issued a stern warning against rice traders engaged in hoarding and cartel operations, who are being blamed for the artificial rice shortage that leads to high rice prices.
Date: 24 July 2018; Type: Industry Updates; Source: Philippine News Agency

CA affirms ERC Jurisdiction over Energy Sector Competition Cases

MANILA, July 1 (PNA) - The Court of Appeals (CA) affirmed that the Energy Regulatory Commission (ERC) has the power to resolve cases of anti-competitive behavior and other unfair trade practices in the energy sector.
Date: 01 July 2018; Type: Legal News; Source: Philippine News Agency

PCC to draft List of Fair Competition Violators

MANILA, June 20 (PNA) - The Philippine Competition Commission (PCC) announced that it will soon generate a list of industries within the manufacturing sector that violate laws on fair competition.
Date: 20 June 2018; Type: Industry Updates; Source: Philippine News Agency

Independent Federal Competition Authority eyed in New Constitution

MANILA, May 8 (PNA) - A constitutionally mandated federal competition authority with national powers is being eyed in the new Constitution being drafted by the Consultative Committee (ConCom) tasked by President Rodrigo R. Duterte to review the 1987 Constitution. ConCom member Arthur Aguilar, chairperson of the subcommittee on economic reforms ...
Date: 08 May 2018; Type: Legal News; Source: Philippine News Agency

Ex-DA Secretary Alcala to face Trial for Graft over Garlic Cartel

The Office of the Ombudsman found probable cause to charge former Department of Agriculture (DA) Secretary Proceso Alcala and 23 others for violation of Section 3(e) of the Anti-Graft and Corrupt Practices Act (Republic Act No. 3019). Included in the indictment are Bureau of Plant Industry (BPI) Director Clarito Barron, BPI Division Chiefs Merle Pa ...
Date: 24 April 2018; Type: Industry Updates; Source: Office of the Ombudsman

Ombudsman to sue ex-DA Chief, 23 Others for Alleged Garlic Cartel

MANILA, Apr 24 (PNA) - Former Agricultural Secretary Proceso Alcala and 23 others will be facing graft charges before the Sandiganbayan after the Office of the Ombudsman has found probable cause to sue them for the alleged garlic cartel which controlled garlic importation and pushed garlic prices to the roof.
Date: 24 April 2018; Type: Industry Updates; Source: Philippine News Agency

PCC orders Uber, Grab to explain Shutdown of Uber Operations

MANILA, Apr 16 (PNA) - The Philippine Competition Commission (PCC) has ordered ridesharing companies Uber and Grab to explain why they failed to maintain their separate business operations which was stipulated in the interim measures.
Date: 16 April 2018; Type: Industry Updates; Source: Philippine News Agency

LTFRB wary on PCC Order allowing Uber to continue Ops

MANILA, Apr 8 (PNA) - The Land Transportation Franchising and Regulatory Board (LTFRB) has expressed concern that the order of the Philippine Competition Commission (PCC) for ride-sharing firms Uber and Grab to maintain their separate business operations beyond April 8 would adversely impact the safety and welfare of the riding public.
Date: 08 April 2018; Type: Industry Updates; Source: Philippine News Agency

Grab, Uber urged to be transparent about Merger

MANILA, Apr 2 (PNA) - The Philippine Competition Commission (PCC) said Monday that it is closely looking into the acquisition deal between Grab and Uber, adding that the antitrust body will ensure that the transaction will not harm the interest of the riding public.
Date: 02 April 2018; Type: Industry Updates; Source: Philippine News Agency

Ayala Land-Central Azucarera de Tarlac Asset Deal gets Nod

MANILA, Mar 8 (PNA) - The Philippine Competition Commission (PCC) has approved the transaction between Ayala Land, Inc. and Central Azucarera de Tarlac
Date: 08 March 2018; Type: Legal News; Source: Philippine News Agency

PCC okays Ningbo Joyson’s Buyout of Takata Assets

MANILA, Feb 28 (PNA) - The Merger and Acquisition Office (MAO) of the Philippine Competition Commission (PCC) has approved the buyout of Takata Corporation’s assets by Ningbo Joyson Electronics Corp.
Date: 28 February 2018; Type: Legal News; Source: Philippine News Agency

Anti-Trust Body okays SMC Global Power Deals

MANILA, Feb 26 (PNA) - The Philippine Competition Commission (PCC) sees no anti-competitive behavior in SMC Global Power Holdings, Inc.’s purchase of shares in Masin-AES Pte. Ltd., AES Transpower Pte. Ltd., and AES Philippines, Inc.
Date: 26 February 2018; Type: Legal News; Source: Philippine News Agency

EU ready to help PH in strengthening Enforcement of Competition Law

MANILA, Feb 21 (PNA) - The European Union (EU) is willing to help the Philippines in strengthening the enforcement of the Philippine Competition Act (PCA), EU Ambassador to the Philippines Franz Jessen said.
Date: 22 February 2018; Type: Legal News; Source: Philippine News Agency

Anti-Trust Body may ease Rules

MANILA, Feb 22 (PNA) - The Philippine Competition Commission (PCC) is eyeing to ease some of its rules, more particularly about the rules on forbearance.
Date: 22 February 2018; Type: Legal News; Source: Philippine News Agency

PCC urged to hike P1-B Notification Threshold

MANILA, Feb 21 (PNA) - The Philippine Competition Commission (PCC) has received requests to hike the current PHP1-billion notification threshold for merger and acquisition deals.
Date: 21 February 2018; Type: Legal News; Source: Philippine News Agency

PCC voids Udenna-KGLI Deal, fines Firms

MANILA, Feb 19 (PNA) - Udenna Corp. and KGL Investment Cooperatief (KGLI Coop) are facing twin penalties following the decision of the Philippine Competition Commission (PCC) on the transaction between the two companies.
Date: 19 February 2018; Type: Legal News; Source: Philippine News Agency

PCC okays SM Acquisition of Goldilocks

MANILA, Jan 9 (PNA) - Acquisition by SM Retail, Inc. of Goldilocks Bakeshop, Inc., the country’s largest bakeshop chain, can now proceed as the Philippine Competition Commission (PCC) accepted the commitments of the former to ensure competition in the cakes and pastries industry.
Date: 09 January 2018; Type: Legal News; Source: Philippine News Agency

BSP, PCC sign Pact to promote Fairer Competition among Banks

MANILA, Dec 22 (PNA) - Fair competition among banking industry players got a boost following the signing of a Memorandum of Agreement between the Bangko Sentral ng Pilipinas (BSP) and the Philippine Competition Commission (PCC) Friday.
Date: 22 December 2017; Type: Legal News; Source: Philippine News Agency

INDUSTRY UPDATES

Cabinet acknowledges Progress in Thailand-Myanmar Cooperation in fighting Drug Trade

BANGKOK, Aug 15 (NNT) - The Cabinet has acknowledged progress made in Thailand’s cooperation with Myanmar in tackling drug problems in the border area.

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NLA whip to decide on proposed Amendment of EC Act - VP Surachai

BANGKOK, Aug 15 (NNT) - The National Legislative Assembly whip will be the person responsible for the ultimate decision to proceed with a proposed amendment of the Election Commission Act, says the legislature’s Vice President Surachai Liengboonlertchai.

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CA confirms Poll Exec, Foreign Service, Military Officers' Appointment

MANILA, Aug 15 (PNA) - Commission on Elections (Comelec) Commissioner Marlon Casquejo and several foreign service and military officers hurdled the Commission on Appointments (CA) on Wednesday.

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House installs Yap, Pichay as New Deputy Speakers

MANILA, Aug 15 (PNA) - The House of Representatives on Wednesday elected two new deputy speakers following the ascension of Pampanga Rep. Gloria Macapagal-Arroyo to the speakership.

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Five CJ bets to face JBC Interview Thursday

MANILA, Aug 15 (PNA) - The five candidates for the post of Chief Justice of the Supreme Court (SC) will walk into the line of fire with their Judicial and Bar Council (JBC) interview set on Thursday.

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IRD to build ICT System enabling Tax Payments

Taxpayers may soon be able to pay their dues to the government via mobile banking, said U Min Htut, director general of the Internal Revenue Department (IRD).

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Law Enforcement remains weak: Deputy Minister

Laos has enacted over 100 laws since national liberation in 1975, but law enforcement remains weak, a senior official has admitted.

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Exercise of Freedom must be in accordance to Federal Constitution - Eddin Syazlee

JOHOR BAHRU, Aug 14 (Bernama) - The exercise of individual’s right to freedom, be it freedom of religion or speech, must be done in accordance to the provisions in the Federal Constitution, says Deputy Communications and Multimedia Minister Eddin Syazlee Shith.

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International Malaysia Law Conference 2018

The 4-day International Malaysia Law Conference (“IMLC”) 2018, the flagship biennial event of the Malaysian Bar themed “Raising the Bar: Innovate. Integrate. Emulate.” is underway.

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IMLC 2018: Change of Government an impetus for strengthening the Rule of Law, says Sultan Nazrin Shah

KUALA LUMPUR, Aug 14 (Bernama) - The recent change of government in Malaysia has given a fresh impetus to strengthen the rule of law in the country, the Sultan of Perak, Sultan Nazrin Shah said today.

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1Mine urges Government to postpone SST

KUALA LUMPUR, Aug 14 (Bernama) - The government has been urged to postpone implementation of the Sales and Services Tax (SST) come Sept 1 until a directive on the newly passed tax law is clearly outlined.

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Seizure of Equanimity made according to Legal Procedures - Liew Vui Keong

KUALA LUMPUR, Aug 14 (Bernama) - Minister in the Prime Minister’s Department Datuk Liew Vui Keong told the Dewan Rakat today that the seizure of the superyatch Equanimity was made according to Malaysian procedures and laws.

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Petronas, Sabah, Negeri Sembilan receive Global Innovation Award

KUALA LUMPUR, Aug 14 (Bernama) - Petroliam Nasional Berhad (Petronas), Sabah Land and Survey Department, and the Negeri Sembilan government have been selected ahead of more than 100,000 companies worldwide to win a global technology award.

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PH Embassy in Switzerland celebrates ASEAN Day

BERNE, Aug 13 - The Philippine Embassy in Switzerland held a ceremony on 08 August 2018 to commemorate the 51st anniversary of the founding of ASEAN.

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ASEAN launches Website, Publication of ASEAN Institute for Peace and Reconciliation

JAKARTA, Aug 13 - Association of Southeast Asian Nations (ASEAN) Secretary-General Dato Lim Jock Hoi and Indonesian Foreign Retno Marsudi led the celebration of the 51st anniversary of ASEAN in a ceremony held at the ASEAN Secretariat in Jakarta on 08 August 2018.

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PH Embassy in Madrid participates in ASEAN Day

MADRID, Aug 13 - The Philippine Embassy in Madrid participated in the annual commemoration of ASEAN Day on 08 August 2018, in a ceremony hosted by Thai Ambassador and current ASEAN Committee in Madrid (ACM) chair Rattikul Chansuriya.

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DFA lauds Appointment of Career Diplomat as Chief of Presidential Protocol, Foreign Affairs Adviser

Aug 12 - The Department of Foreign Affairs (DFA) today lauded the appointment by President Rodrigo Duterte of a career diplomat as one of the senior officials at the Office of the President and said this move would help advance the country’s foreign policy goals.

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ASEAN Committee in Rome celebrates ASEAN Day 2018

ROME, Aug 13 - Ambassador to Italy Domingo P. Nolasco joined other Association of Southeast Asian Nations (ASEAN) Ambassadors in Rome in celebrating ASEAN Day, in a ceremony held at the Malaysian Embassy in Rome.

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