PRESS RELEASE 2019-011 13 August 2019   PCC extends Grab’s commitment period as year-long monitoring lapses   The Philippine Competition Commission (PCC) is extending the effectivity period of the voluntary commitments undertaken by Grab Philippines, Inc. last year for the antitrust watchdog’s conditional clearance of its acquisition of Uber, in order to give way to… continue reading ››

    PRESS RELEASE 2019-010 5 August 2019 PCC, ERC ink partnership for power sector investigations  The Philippine Competition Commission (PCC) signed a Memorandum of Agreement (MOA) with the Energy Regulatory Commission (ERC) on Monday, completing the three-way partnership with the Department of Energy (DOE) in promoting competition and coordinating investigations in the energy sector…. continue reading ››

PRESS RELEASE 2019-009 1 August 2019   PCC streamlines merger rules for solicited PPP projects   The Philippine Competition Commission (PCC) has issued rules to streamline its merger review process for joint ventures formed for solicited public-private partnership (PPP) projects. In PCC Memorandum Circular No. 19-001 issued on July 2, the PCC detailed the procedure… continue reading ››

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 ››