PRESS RELEASE 2019-008 11 June 2019   PCC eases merger review to 15 days on qualified transactions In line with the government’s move to ease doing business in the country, the Philippine Competition Commission (PCC) is offering a fast-track review route for qualified merger and acquisition transactions.  In a Commission Resolution issued on May 28,… continue reading ››

PRESS RELEASE 2019-004 22 March 2019 PCC clears ICTSI’s acquisition of Manila North Harbour Port The Philippine Competition Commission (PCC) has approved the acquisition by International Container Terminal Services, Inc. (ICTSI) of additional shares in Manila North Harbour Port, Inc. (MNHPI) from Harbour Centre Port Terminal, Inc. (HCPTI). ICTSI is a domestic corporation engaged in… continue reading ››

PCC Statement on the Opening of Phase II Review: Proposed Joint Venture between Dasmariñas Local Water District and PrimeWater Infrastructure Corp. Case No. M-2019-001   The Mergers and Acquisitions Office (MAO) of the Philippine Competition Commission (PCC) invites stakeholders such as water suppliers, septage management providers, representatives from other water districts, sanitary and hydro engineers,… continue reading ››

PRESS RELEASE 2019-003 21 February 2019   PCC adjusts thresholds for compulsory M&A notifications   The Philippine Competition Commission (PCC) has adjusted the thresholds for compulsory notifications of mergers and acquisitions (M&As) to take effect beginning March 1, 2019. In a Commission Resolution issued today, PCC raised the thresholds from PHP 5 Billion to PHP… continue reading ››

PRESS RELEASE 2019-002 14 February 2019   PCC blocks merger-to-monopoly deal between URC, Don Pedro-RHI sugar millers   The Philippine Competition Commission (PCC) has blocked the merger between the two sugar millers in Southern Luzon—Universal Robina Corporation (URC), and Central Azucarera Don Pedro Inc. (CADPI) and Roxas Holdings Inc. (RHI).   In a Commission Decision prohibiting the… continue reading ››

  PRESS RELEASE 2019-001 24 January 2018 PCC, UP Law ink MoA to support competition law program   The Philippine Competition Commission (PCC) forms a partnership with the University of the Philippines (UP), through the UP College of Law, setting the stage for a dedicated competition law program for research, policy development, and academic engagement… continue reading ››