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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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