Grab Philippines said it was already working to implement the remaining P6.66-million reimbursement to users following the issuance of a Philippine Competition Commission (PCC) resolution directing the transport company to complete reimbursements totaling P25.4 million. In a statement following the...
Grab Philippines said it was surprised by the decision of the Philippine Competition Commission (PCC) to impose a new penalty on the remaining refund for its customers and is evaluating its legal options on the fine. "We are surprised at PCC's decision to fine us - given that we've been proactively...
The Philippine Competition Commission (PCC) has slapped a fresh P9-million peso fine on Grab Philippines amid its failure to fully refund its customers more than three years after the anti-trust body first ordered the reimbursement. In a statement, PCC said that the latest fine is on top of the...
The Energy Regulatory Commission (ERC) has admitted weakness in investigating anti-competitive behavior, especially for company participants that are trading their generated capacities in the Wholesale Electricity Spot Market (WESM). Given this difficulty in its market policing power, ERC...
The Philippine Competition Commission (PCC) has joined the probe on the unusual high prices of onion for possible cartel or abuse of dominance conduct. In a statement, the anti-trust watchdog said their investigation started in December last year is consistent with the probe prompted by House...
The Philippine Competition Commission (PCC) welcomed legal expert Lolibeth Ramit-Medrano as Commissioner under a new administration beginning this year until 2030. Commissioner Medrano’s 22-year public service record spans different technical and leadership roles, most recently as Undersecretary...
The Philippine Competition Commission (PCC) has approved the proposed acquisition by AIA Philippines Life and General Insurance Company Inc. (AIA Philippines) of 100 percent shares in MediCard Philippines Inc. (MediCard) stating the merger will not diminish market competition in the sector. In a...
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 Johannes...
Marikina City 2nd district Rep. Stella Quimbo is prodding the Philippine Competition Commission (PCC) to keep a close eye on Grab Philippines' involvement in the motorcycle (MC) taxi sector, saying it could potentially lead to a surge in fare. Marikina City 2nd district Rep. Stella Quimbo (Ellson...
The recent deal between ABS-CBN and TV5 "left a bad taste in the mouth", said SAGIP Party-list Rep. Rodante Marcoleta, who still sounded very upset over the supposed misdeeds of the shuttered "Kapamilya" network. SAGIP Party-list Rep. Rodante Marcoleta (Screenshot from Facebook live) "Last week,...
SAGIP Party-list Rep. Rodante Marcoleta warned officials of three agencies that they would be summoned by the House of Representatives "in proper time" if they fail to address the issue on the deal between shuttered media giant ABS-CBN and TV5. SAGIP Party-list Rep. Rodante Marcoleta (Ellison...
SAGIP Party-list Rep. Rodante Marcoleta is prodding the Philippine Competition Commission (PCC) to look into the potential deal between the shuttered media giant ABS-CBN and TV5. SAGIP Party-list Rep. Rodante Marcoleta (Facebook) This, as Marcoleta described the venture as a possible "circumvention...
