Competition body probes power producers over Luzon brownouts | ABS-CBN

ADVERTISEMENT

dpo-dps-seal
Welcome, Kapamilya! We use cookies to improve your browsing experience. Continuing to use this site means you agree to our use of cookies. Tell me more!

Competition body probes power producers over Luzon brownouts

Competition body probes power producers over Luzon brownouts

ABS-CBN News

Clipboard

Electricity meters with hang near houses in Barangay Addition Hills, Mandaluyong City. George Calvelo, ABS-CBN News/File

MANILA -- The Philippine Competition Commission said Monday it would look into allegations of collusion or abuse of dominance among power producers after recent supply shortfalls caused rotational brownouts in Luzon.

The antitrust monitor said it would "assess whether the recent power plants’ outages are manipulated to increase electricity prices or are valid unplanned breakdowns that affect supply conditions."

Under the competition law, power generation companies engaging in anti-competitive or collusive behavior are punishable with fines up P250 million and imprisonment of officers of up to 7 years, the PCC said.

The PCC also "welcomes" the call for an audit conducted by the Department of Energy of the power plants involved, it said.

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

It looks like you’re using an ad blocker

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker on our website.

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker on our website.