Monday, 19 February 2018
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philippines - Competition Law - News

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

PHL Competition Commission talks about mainstreaming Competition Policy in Government at OECD

PARIS, Dec 12 - Philippine Competition Commission (PCC) Chairman Arsenio Balisacan was one of the speakers at the 16th Global Forum on Competition held at the OECD headquarters in Paris, France on December 07 to 08.
Date: 12 December 2017; Type: Legal News; Source: Department of Foreign Affairs

Anti-trust Body issues Guidelines on SM-Goldilocks Deal

MANILA, Dec 12 (PNA) - The Philippine Competition Commission (PCC) said it has issued a Statement of Concerns (SOC) to the parties involved in the planned acquisition of Goldilocks Bakeshop, Inc., the country's largest bakeshop chain, by Sy-led SM Investments Corp. (SMIC). In a media briefing Tuesday, PCC Commissioner Stella Luz Quimbo, said t ...
Date: 12 December 2017; Type: Legal News; Source: Philippine News Agency

CA affirms P70-B PLDT, Globe Buyout of SMC Telco Assets

MANILA, Oct 23 (PNA) - The Court of Appeals (CA) upheld the legality of the PHP70-billion buyout of telco assets of San Miguel Corporation (SMC) by the Philippine Long Distance Telephone Company (PLDT) and Globe Telecommunications.
Date: 23 October 2017; Type: Legal News; Source: Philippine News Agency

PCC reminds Businessmen to play Fair or face Hefty Fines and Penalties

The Philippine Competition Commission (PCC) on Thursday, August 3, reminded businesses to comply with the provisions of the Philippine Competition Act or face hefty fines and penalties.
Date: 03 August 2017; Type: Legal News; Source: Office of the President

PCC sees Indications of Anti Competitive Act in Cement Industry

MANILA, Aug 2 - The Philippine Competition Commission (PCC) is seeing indications of anti competitive practice in the cement industry in its ongoing investigation.
Date: 02 August 2017; Type: Legal News; Source: Philippine News Agency

The Philippines shares Initiatives as Newly Established Competition Authority

12 July 2017 GENEVA, SWITZERLAND - The Philippine Competition Commission shared its initiatives and efforts in addressing the challenges in designing a merger control regime, which is one of the main pillars of competition system, at the 16th Session of the Intergovernmental Group of Experts on Competition Law and Policy last July 06 to 07.
Date: 12 July 2017; Type: Legal News; Source: Department of Foreign Affairs

Pinol bans 43 Garlic Importers, admits Cartel exists

MANILA, July 12 - In view of the rising garlic prices in the market, Agriculture Secretary Emmanuel "Manny" Pinol on Wednesday announced he has banned some 43 "traditional" importers who have applied for import permits but failed to utilize it.
Date: 12 July 2017; Type: Legal News; Source: Philippine News Agency

PCC, OMB ink Deal on Anti-Competitive Conducts in Public, Private Sectors

MANILA, June 16 - The Philippine Competition Commission (PCC) and the Office of the Ombudsman (OMB) have forged partnership to boost detection, investigation, and prosecution of anti-competitive conducts in both public and private sectors.
Date: 16 June 2017; Type: Legal News; Source: Philippine News Agency

Supreme Court asked to lift, Annul CA Ruling on Php 69-B Telco Deal

MANILA, April 19 (PNA) - Philippine Competition Commission (PCC) has asked the Supreme Court (SC) to lift the injunction issued by Court of Appeals (CA) 12th Division, which halted PCC’s review on the acquisition deal between the country’s telecommunications firms and San Miguel Corporation (SMC). “Yesterday, the Office of th ...
Date: 19 April 2017; Type: Legal News; Source: Philippine News Agency

PCC to maintain Php1-B threshold on Merger and Acquisition Deals

MANILA, Feb. 21 (PNA) - The Philippine Competition Commission (PCC) stated that the Php 1.0-billion threshold on merger and acquisition (M&A) deals will be maintained after the Commission conducted a review.
Date: 21 February 2017; Type: Legal News; Source: Philippine News Agency

PCC reviews Competition Landscape to make Economy more efficient

MANILA, Feb. 3 (PNA) - The Philippine Competition Commission (PCC), the country's anti-trust body that turned a year this month, is reviewing the country's overall competition landscape as part of its legislated mandate to ensure that industries and businesses don't fall prey to anti-competitive behaviors.
Date: 03 February 2017; Type: Legal News; Source: Philippine News Agency

PCC wants Fair Construction Licensing Scheme for Domestic, Foreign Nationals

MANILA, Jan. 6 (PNA) - The Philippine Competition Commission (PCC) pushes for a fair licensing scheme for domestic and foreign companies to create a level playing field local construction industry.
Date: 06 January 2017; Type: Legal News; Source: Philippine News Agency

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Swiss Institute of Federalism ink Academic Cooperation with UP

MANILA, Feb 16 (PNA) - The University of the Philippines-National College of Public Administration and Governance (NCPAG) and the University of Fribourg’s Institute of Federalism (IFF) have entered into a Memorandum of Understanding (MOU) for academic cooperation and exchange, the Department of Foreign Affairs (DFA) said.

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Thailand, Cambodia discuss Nationality Verification for Migrant Workers

PHNOM PENH, Feb 14 (NNT) - Thailand's Labor Minister Adul Sangsingkeo and his Cambodian counterpart Ith Samheng discussed the nationality verification for undocumented migrant workers.

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Group urges DOLE: release Rules on 'Workplace Romance'

MANILA, Feb 13 (PNA) - A group called on the Department of Labor and Employment (DOLE) to issue guidelines on workplace romance policy to prevent employers from implementing oppressive management prerogatives.

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Individuals earning above P250K also getting Bigger Take-Home Pay under TRAIN

The Tax Reform for Acceleration and Inclusion Act (TRAIN) effectively increases the take-home pay not only of salaried workers earning P250,000 yearly and below but also of those with annual taxable income from P250,000 to a maximum of P2 million.

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ASEAN: Terrorism most serious Security Threat to Region

SINGAPORE, Feb 6 (Bernama) - The ASEAN Defence Ministers today unanimously identified terrorism as the most serious security threat to the region.

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ASEAN unanimously agreed on KSCIP Initiative

SINGAPORE, Feb 6 (Bernama) - All 10 ASEAN countries have agreed with the King Salman Center for International Peace (KSCIP) initiative, said Malaysian Defence Minister Datuk Seri Hishammuddin Tun Hussein.

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DOJ provides Legal Aid to 11,833 Persons in 2017

MANILA, Feb 4 (PNA) - Close to 12, 000 people were given legal assistance through the Department of Justice Action Center (DOJAC) in 2017.

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UP Board of Regents names Proffessor Fides Cordero-Tan as new UP Law Dean

The UP Board of Regents announced the appointment of Atty. Fides Cordero-Tan as the new dean of the UP College of Law on Jan. 26, 2018.

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IPOPHL to heighten IPR Enforcement; seeks MOU with Anti-Crime Body

The Intellectual Property Office of the Philippines (IPOPHL) is seeking to intensify intellectual property rights enforcement in the country, targeting to craft a Memorandum of Understanding (MOU) with other members of the Sub-Committee on Organized Crime of the National Law Enforcement Coordinating Committee (NALECC-SCOC).

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Century-Old Biz Group wants Mining Law amended

MANILA, Jan 31 (PNA) - The country’s oldest business organization, the Chamber of Commerce of the Philippines Islands (CCPI), has sought sponsorship in Congress to amend mining laws.

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IPOPHL eyes to expand Enforcement of Intellectual Property Rights

MANILA, Jan 29 (PNA) - The Intellectual Property Office of the Philippines (IPOPHL) aims to further expand intellectual property rights (IPR) enforcement through cooperating with members of the Sub-Committee on Organized Crime of the National Law Enforcement Coordinating Committee (NALECC-SCOS).

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SC to act on Mamasapano Trial Transfer

MANILA, Jan 26 (PNA) - The Supreme Court is set to tackle the transfer of trial of the criminal case over the Mamasapano clash that killed more than 60 persons, including 44 members of the elite Philippine National Police-Special Action Force (PNP-SAF).

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