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Manila Bulletin devider Philippines devider National devider DOJ teams up with UP's research, extension services on concerns on PH's competition law

DOJ teams up with UP's research, extension services on concerns on PH's competition law

Published Feb 24, 2023 06:35 pm

The Department of Justice (DOJ) has tapped the University of the Philippines Public Administration Research and Extension Services Foundation, Inc. (UPPAF) in coming up with plans for reforms and intensified enforcement of the Philippine Competition Act under Republic Act No. 10667.

RA 10667 which was passed in 2015 created the Philippine Competition Commission (PCC) and is “the primary competition policy of the Philippines for promoting and protecting competitive market.”

 The PCC said the law is designed “to protect the well-being of consumers and preserve the efficiency of competition in the marketplace.”

In a statement, the DOJ said its Office for Competition (OFC) and UPPAF signed on Friday, Feb. 24, “a Memorandum of Understanding (MOU) for competition reforms and intensified enforcement of the Philippine Competition Act.”

“This alliance endeavors to develop a feasible competition work plan to address the increasing complexity and incidence of collusive conduct at various levels of the supply chain, as well as to strengthen the institutional capacity of the OFC,” the DOJ said.

It said the UPPAF is the lead implementing organization for the Regulatory Reform Support Program for National Development (RESPOND).

The MOU was signed by DOJ Undersecretary Geronimo L. Sy and UPPAF RESPOND Chief of Party Dr. Enrico L. Basilio.

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