Tag: #Arsenio Balisacan
-
PCC bucks extension of suspension of its merger and acquisition review
The Philippine Competition Commission (PCC), the anti-trust authority in the country, has expressed opposition to any extension on the suspension of its motu proprio review power on mergers and acquisitions (M&As).
-
PCC defends DTI’s safeguard measures, but …
The Philippine Competition Commission (PCC) has defended the Department of Trade and Industry’s imposition of safeguard measures and non-tariff barriers (NTBs) on certain imports to protect domestic industries, but the country’s anti-trust watchdog also equally stressed that such legitimate measures can be challenged if the injury caused is born out by inherent inefficiencies of processes that incumbents have gotten used to.
-
Below P50-B transactions exempted from PCC review
The Philippine Competition Commission (PCC) will no longer review mergers and acquisitions with transaction value of less than P50 billion following the suspension of the exercise of this function under the Bayanihan to Recover as One Act (Bayanihan 2).