PRESS RELEASE 2017-010 April 5, 2017 The Philippine Competition Commission (PCC) supports the Department of Trade and Industry (DTI) in deregulating prices as they monitor price movements regularly. “For the longest time, the DTI through the National Price Coordinating Council has been setting prices that guide both consumers and suppliers. But now that we… continue reading ››
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 PCC approves Rockwell Collins Inc.’s acquisition of B/E Aerospace 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… 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 ››
Press Release No. 2017-004 21 February 2017 PCC says P1-B M&A threshold stays The PCC released a policy statement today outlining its view that there is no pressing need to raise the P1-billion threshold for reviewing merger and acquisition (M&A) deals in the country. “The Commission initiated a preliminary review of all relevant data… continue reading ››
Press Release No. 2017-003 03 February 2017 PCC reviews competition landscape to make economy more efficient The Philippine Competition Commission (PCC), the country’s anti-trust body that turned a year this month, is reviewing the country’s overall competition landscape as part of its legislated mandate to ensure that industries and businesses don’t fall prey to… continue reading ››
This coming Wednesday, February 1, PCC celebrates its first anniversary as an organization.
Press Release No. 2017-002 18 January 2017 PCC welcomes 2 top lawyers as new Commissioner and Executive Director The Philippine Competition Commission (PCC) welcomes two top legal experts to join the highest ranks of the country’s antitrust body. Chairman Arsenio Balisacan led the oath-taking of Commissioner Amabelle C. Asuncion and Executive Director Gwen… continue reading ››