PRESS RELEASE 010-2020 27 June 2020   PCC streamlines procedure for review of unsolicited PPP projects The Philippine Competition Commission (PCC) has released yesterday the streamlined procedure in reviewing joint ventures formed for unsolicited Public-Private Partnership (PPP) projects. In PCC Memorandum Circular No. 20-002, the PCC provided guidelines in exempting from compulsory merger notification unsolicited PPP projects… continue reading ››

PRESS RELEASE 009-2020 26 June 2020   PCC issues rules exempting public-private JVs from compulsory merger notification   The Philippine Competition Commission (PCC) has issued a circular exempting from compulsory merger notification joint venture (JV) projects between government agencies and private entities pursued under the framework of the National Economic and Development Authority (NEDA) JV… continue reading ››

  PRESS RELEASE 008-2020 27 May 2020 PCC pushes program for ‘competition agenda’ in House   The Philippine Competition Commission (PCC) continues to push the competition agenda in Congress, this time through a program meant to train legislative staff of the House of Representatives on competition law and policy. In partnership with the Office of… continue reading ››

PRESS RELEASE 007-2020 14 May 2020   PCC receives withdrawal notice on SMC-Holcim transaction   The Philippine Competition Commission (PCC) received notice from Top Frontier Investment Holdings, Inc. (Top Frontier) and Holcim Philippines, Inc. (HPI) on 13 May 2020, formally withdrawing their merger notification from the antitrust commission. Under PCC’s rules, merger parties are required to… continue reading ››

  PRESS RELEASE 2020-006 6 March 2020 PCC welcomes LEB’s Aquende as new Commissioner   The Philippines Competition Commission (PCC) completes its roster of Commissioners with the appointment of Atty. Emerson B. Aquende, former Chairman of the Legal Education Board (LEB). Atty. Aquende took his oath as the new PCC Commissioner before President Rodrigo R…. continue reading ››

PRESS RELEASE 2020-005 17 February 2020    PCC: Merger review thresholds raised to P6B, P2.4B beginning March 1   The Philippine Competition Commission (PCC) has adjusted the thresholds for compulsory notification of mergers and acquisitions (M&As) to take effect beginning March 1, 2020. In a Commission Resolution issued on February 11, PCC raised the thresholds from… continue reading ››

PRESS RELEASE 2020-004 4 February 2020   PCC Investigation: Insurance pool charged for anti-competitive agreements   The Enforcement Office of the Philippine Competition Commission (PCC) is charging a pool of insurance companies and the National Home Mortgage Finance Corporation (NHMFC) with entering into anti-competitive agreements for the exclusive provision of mortgage redemption insurance (MRI) to… continue reading ››