Chances and choices: Lotto and ‘siling labuyo’

Chances and choices: Lotto and ‘siling labuyo’ by Atty. Amabelle C. Asuncion October 10, 2018 A testament to the unique Filipino trait of having fun even in adversity, the recent headlines on rising prices of rice and fuel are interspersed with updates on the billion-peso lotto jackpot. The record jackpot has attracted habitual gamers and… continue reading ››

Of Rice and Art

Of Rice and Art by Stella Luz A. Quimbo September 26, 2018 At the moment, inflation dictates our state of mind. Policymakers are debating what might have caused rising prices. Is inflation a result of external factors or domestic policies, particularly, the TRAIN law?  More important, what steps can be taken to arrest further price… continue reading ››

Competition: A Whole-Of-Government Effort

Competition: A Whole-Of-Government Effort by Arsenio M. Balisacan, PhD September 12, 2018 Millennials and succeeding generations will not be able to recall a time when Philippine businesses and consumers had no choice but to engage in a highly concentrated market characterized by the absence of any significant competitive pressure. The State held inefficiently run monopolies… continue reading ››

The ‘dating app phenomenon’ of digital platforms

The ‘dating app phenomenon’ of digital platforms by Atty. Amabelle C. Asuncion August 28, 2018 The proposed traffic scheme banning single-rider vehicles along Edsa during rush hour has generated mixed, mostly satirical, if not downright sarcastic reactions from single drivers and commuters alike. Social-network posts range from complaints about discrimination to a mad rush for… continue reading ››

Holding Grab by the Horns

Holding Grab by the Horns by Atty. Johannes Benjamin R. Bernabe August 14, 2018 Grab’s acquisition of Uber is a landmark case for the Philippine Competition Commission (PCC). It is the first transaction that the PCC reviewed motu proprio (i.e., on the PCC’s own initiative) and, with the August 10 decision, resulted in a conditional… continue reading ››

Big and Special

Big and Special by Stella Luz A. Quimbo July 31, 2018 At the recent Competition Law Asia conference held in Singapore, the conference chairman reminded participants what Spider-Man once said: with great power comes great responsibility. By “power”, the conference chairman was, of course, referring to market power, rather than the abilities of a superhero…. continue reading ››

Playing fair to court investors

Playing fair to court investors by Arsenio M. Balisacan, PhD July 10, 2018 Foreign direct investment (FDI) is key to sustaining the rapid growth of the Philippine economy and, more important, to the generation of higher-paying, better-quality jobs for Filipinos. As rapid growth of employment opportunities is fundamental to poverty reduction, making the country attractive to… continue reading ››

(King) crab mentality

(King) crab mentality by Atty. Amabelle C. Asuncion June 26, 2018 I first learned about “crab mentality” back in elementary while studying history. It is a bad trait unfairly ascribed to Filipinos and considered a formidable obstacle to their success. Crab mentality involves pulling down anyone who achieves or is about to achieve success greater… continue reading ››

Chasing cartels for the benefit of consumers

Chasing cartels for the benefit of consumers by Atty. Johannes Benjamin R. Bernabe June 12, 2018 Putting a halt to cartels and other collusive acts lies at the heart of the Philippine Competition Commission’s (PCC) effort to improve consumer welfare. The review of mergers and acquisitions, often involving large corporations, while gaining the lion’s share… continue reading ››

Competition authorities and regulators: Twinning or tweening?

Competition authorities and regulators: Twinning or tweening? by Stella Luz A. Quimbo May 29, 2018 The Philippine Competition Commission (PCC) is the country’s competition authority. It is not a sector-specific regulator like the Bangko Sentral ng Pilipinas which regulates all types of banks, or the Securities and Exchange Commission which is the regulator and registrar… continue reading ››