The Philippine Competition Commission (PCC) has launched a second phase of review for GCash’s planned acquisition of a 100-percent stake in Electronic Commerce Payments Inc. (EC Pay) for P3 billion. In an emailed statement on Friday, Nov. 22, the competition watchdog said a second round of review...
The Philippine Competition Commission (PCC) has signed a memorandum of cooperation with SM Supermalls, the country's biggest mall operator, to champion fair competition and consumer welfare. The partnership was launched on Sept. 17, 2024 at the PCC main office in Quezon City with a nationwide...
In response to President Marcos' directive to go after smugglers and hoarders, the Philippine Competition Commission (PCC) will be filing a case against 12 onion importers and traders engaged in anti-competitive practices. Unsplash In a memorandum for President Marcos coursed through Executive...
The Philippine Competition Commission has cleared the Consunji Group’s planned acquisition of a controlling stake in Cemex Holdings Philippines Inc. (CHP). In a disclosure to the Philippine Stock Exchange, the group said DMCI Holdings Inc., Dacon Corporation, and Semirara Mining and Power...
Meralco PowerGen Corporation, the power investment arm of Manila Electric Company, is eyeing to secure approval from the Philippine Competition Commission (PCC) on the triarchy deal that it sealed for the $3.3 billion integrated liquefied natural gas (LNG) project in Batangas province. MGen...
The Philippine Competition Commission (PCC) has published its Guidelines on Merger Remedies which outlines how it assesses the merging parties’ proposals to address competition concerns arising from merger and acquisition (M&A) transactions. The Guidelines contain guidance on the design,...
The Philippine Competition Commission (PCC) said it has begun a Phase 2 review of a proposed joint venture involving independent tower companies in the country to fully assess the impact on competition after the Phase 1 review. In a statement on Tuesday, June 11, the anti-trust body said that the...
The Philippine Competition Commission (PCC) has cleared the proposed joint venture between the subsidiaries of Mitsui & Co., Ltd. (Mitsui) for its business process outsourcing unit and KDDI Corporation (KDDI), an ICT solutions provider. In a statement released Monday, April 29, the PCC said...
Senator Sherwin Gatchalian said he is hopeful that the joint task force between the Energy Regulatory Commission (ERC) and the Philippine Competition Commission (PCC) will addess the perennial problems hounding the country’s power sector. “I am confident that the task force would work to...
After more than two decades of deregulation in the power sector and countless collusion allegations at the spot market, it is finally coming to the senses of industry regulators to step up ‘police powers’ against anti-competitive behavior that could distort market dynamics in the private...
The Philippine Competition Commission (PCC) has given the greenlight for Fresh River Lakes Corporation, a subsidiary of the Lopez-controlled First Gen Corporation, to acquire Casecnan Hydroelectric Power Plant (CHEPP) The 165MW Casecnan hydroeletric power plant CHEPP is being sold by the...
The $1.8-billion acquisition of Coca-Cola Beverages Philippines Inc. (CCBPI) by Aboitiz Equity Ventures Inc. (AEV) and Coca-Cola Europacific Partners Plc (CCEP) takes a further step towards completion after getting the green light from the Philippine Competition Commission (PCC). In a disclosure to...
