PCC: Trans-Asia deal voided and fined; Chelsea-2Go transaction cleared

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 ››