PRESS RELEASE 2018-017 17 October 2018   PCC fines Grab, Uber P16M for violating Interim Measures Order   The Philippine Competition Commission (PCC) has fined a total of P16M on Grab Philippines and Uber for violating key provisions of the Interim Measures Order (IMO) during the merger review period of the antitrust authority. The IMO… continue reading ››

PRESS RELEASE 2018-016 10 October 2018   PCC: Udenna notifies TransAsia deal, commits to address competition concerns in TransAsia and 2Go transactions   The Philippine Competition Commission (PCC) has received the notification by Udenna Corporation and Trans-Asia Shipping Lines, Inc. on September 21, 2018 and will commence Phase 1 review today. The deal was earlier… continue reading ››

PRESS RELEASE 2018-014 2 October 2018 PCC approves joint venture between Rockwell Land and Carmelray Holdings for S. Luzon luxury residential dev’t project  The Philippine Competition Commission (PCC) has approved the joint venture between Rockwell Land Corporation, Carmelray Property Holdings, Inc., San Ramon Holdings, Inc. CVY Property Holdings, Inc., and other individual proprietors. The other investors… continue reading ››

  Call for Comments: Acquisition by Universal Robina Corporation of Assets of Central Azucarera Don Pedro Inc. and Roxas Holdings Inc.   The Philippine Competition Commission (PCC) invites stakeholders, sugar millers, sugar producers, farmers, and interested individuals to submit comments on the acquisition by Universal Robina Corporation (URC) of assets of Central Azucarera Don Pedro, Inc. (Don Pedro)  and… continue reading ››

PCC Inputs on the Third Telco Terms of Reference (based on 8 August 2018 draft)  Key Points: Definition of Related Party Prohibition on Mergers, Combinations or becoming a Related Party with a Dominant Telco Voluntary Return of Frequencies should it become a Related Party with a Dominant Telco Monitoring and Performance Evaluation through Information Sharing… continue reading ››

PRESS RELEASE 2018-012 10 August 2018   PCC binds Grab to service quality, price conditions for Uber takeover   The Philippine Competition Commission (PCC) subjected Grab’s acquisition of Uber in the Philippines to service quality and pricing standards in clearing the transaction. These conditions for clearance were part of the voluntary commitments signed by Grab… continue reading ››

PRESS RELEASE 2018-011 3 July 2018   PCC: Trans-Asia deal voided and fined; Chelsea-2Go transaction cleared   The Philippine Competition Commission (PCC) nullified the acquisition by Chelsea Logistics Holdings Corp. of Trans-Asia Shipping Lines Inc. and imposed a P22.8M fine for their failure to notify the antitrust commission about the transaction in December 2016. The… continue reading ››