PRESS RELEASE 2017-009 March 30, 2017   The Philippine Competition Commission (PCC) supports the National Broadband Plan (NBP) and is recommending some measures to make it more effective including imposing higher penalties on erring telco players and removing government regulations that restrict healthy competition in the industry. The Department of Information and Communications Technology (DICT)… continue reading ››

PRESS RELEASE 2017-008 March 21, 2017   The Philippine Competition Commission (PCC), the country’s anti-trust body, organizes a series of public fora for groups representing consumers and businesses to learn about the Philippine Competition Act (PCA). Each public forum invites consumer groups, trade and business associations, micro-small-medium businesses, civil society organizations, and members of the… continue reading ››

PRESS RELEASE 2017-007 March 18, 2017   The Philippine Competition Commission (PCC) has approved the acquisition by SM Investments Corporation (SMIC) of shares in Philippines Urban Living Solutions, Inc. (PULS) on March 13, 2017. SMIC is a holding company of the SM Group of Companies. SMIC has equity investments in property, retail, financial services, and… continue reading ››

PRESS RELEASE 2017-006 March 15, 2017       The Philippine Competition Commission (PCC) has approved the acquisition by Rockwell Collins, Inc. of B/E Aerospace on March 13, 2017.   Rockwell Collins, Inc. is a manufacturer and supplier of aviation and integrated solutions for both commercial and government applications. Its principal products include flight deck… continue reading ››

PRESS RELEASE 2017-005 March 14, 2017   PCC supports bills lifting foreign equity cap on telco, transport The Philippine Competition Commission (PCC) is supporting initiatives in Congress to amend certain provisions in the 80-year-old Public Service Act (PSA) such as the lifting of the foreign equity cap on certain industries including telecommunications and transportation. The… continue reading ››