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GCG, PCC sign accord to exchange information

The Governance Commission for GOCCs (GCG) and the Philippine Competition Commission (PCC) have signed an agreement to exchange information.

The memorandum of agreement, covering both private and government-owned companies, was signed GCG Chairperson Alex L. Quiroz and PCC Officer-in-Charge Joh

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Regulators agree to consult on GOCC competition impact

Regulators agree to consult on GOCC competition impact
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Grab-Move It deal falls below threshold for regulatory review

Grab-Move It deal falls below threshold for regulatory review
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PCC expects delayed rulings for medical services, tourism cases

PCC expects delayed rulings for medical services, tourism cases
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ABS-CBN, TV5 'pause' partnership to face concerns - BusinessWorld Online

ABS-CBN, TV5 'pause' partnership to face concerns - BusinessWorld Online
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DITO files competition complaints vs Globe, Smart - BusinessWorld Online

DITO files competition complaints vs Globe, Smart - BusinessWorld Online
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PCC targets to finish six cartel cases by end-2022  - BusinessWorld Online

PCC targets to finish six cartel cases by end-2022  - BusinessWorld Online
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Competition authority allays fears on RCEP

The Philippine Competition Commission (PCC), the country’s antitrust watchdog, allayed fears that the Regional Comprehensive Economic Partnership (RCEP) could further subject Filipino producers to unfair trade practices stressing the trade deal is the first free trade agreement (FTA) with a comprehe

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PCC advises companies undertaking M&A deals to voluntarily seek review

PCC advises companies undertaking M&A deals to voluntarily seek review
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No need to extend merger review suspension — PCC


BusinessWorld
June 7, 2021 | 12:33 am
Reporter
MERGERS that have avoided government scrutiny since a suspension on some reviews could be difficult to unwind, a competition watchdog commissioner said as he urged Congress to retain the agency’s authority to assess mergers in the proposed Bayanihan III law.
Johannes Benjamin R. Bernabe, a commissioner at the Philippine Competition Commission (PCC), said he hoped Bayanihan III will not extend the exemption from compulsory notification all mergers and acquisitions with transaction value of less than P50 billion that were entered into two years from the effectivity of Republic Act No. 11494 or Bayanihan II.
“I just hope that (Bayanihan III) will not go in the direction of Bayanihan II, which had a last-minute insertion which curbed the powers of the PCC,” Mr. Bernabe said in a phone interview.

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