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Pork mafia? Solon calls on antitrust body to probe high pork prices

RG Cruz, ABS-CBN News
Posted at Mar 24 08:36 PM

House Deputy Minority Leader Stella Quimbo said the Philippine Competition Commission should investigate if there's a "pork mafia" keeping the price of the meat high. Read more »

Antitrust body OKs Manila city gov't, Waterfront Manila joint venture for reclamation project

ABS-CBN News
Posted at Mar 19 01:49 PM

MANILA— The Philippine Competition Commission said Friday it has approved the joint venture between the Manila City government and Waterfront Manila Premier Development Inc for a reclamation project at the Manila Bay.  Read more »

Antirust chief warns price caps an 'inefficient response' to crisis

ABS-CBN News
Posted at Feb 22 06:33 PM

The head of the country's anti-trust body warned the government on the use of price ceilings, saying it can be an "inefficient response" to a crisis in the longer term. Read more »

Retailers group pleads for delay in retail liberalization, says MSMEs will be hurt

Warren de Guzman, ABS-CBN News
Posted at Nov 25 11:21 PM

The head of a retail industry group on Wednesday said the liberalization of the Philippines retail trade sector should be delayed as smaller local players may be unable to compete with new foreign entrants because of the effect of the pandemic on local businesses.   Read more »

Recession strengthened monopolies as smaller players closed: antitrust body

Warren de Guzman, ABS-CBN News
Updated as of Nov 25 10:38 PM

The Philippines’ antitrust regulator on Wednesday warned that the recession triggered by the COVID-19 pandemic strengthened already existing monopolies as smaller firms closed down.    Read more »

PLDT's Manny Pangilinan withdraws bid for Sky Cable citing regulatory risks

ABS-CBN News
Updated as of Nov 05 06:59 PM

Telecoms tycoon Manny Pangilinan has withdrawn his bid to acquire Sky Cable Corp from the Lopez Group due to worries that antitrust regulators may flag the deal. Read more »

Antitrust watchdog OKs Rockwell, TGN and NepWell joint venture

ABS-CBN News
Posted at Oct 20 05:22 PM

The Philippine Competition Commission said Tuesday it has approved the joint venture by Rockwell Land Corp, TGN Realty Corp, NepWell Property Management Inc and siblings Hilda Aurora, Patrick Adrian and Theresa Gracia Valdes.   Read more »

Antitrust body approves Thai bank's share purchase of Security Bank's consumer loan arm

ABS-CBN News
Posted at Sep 24 04:19 PM

The country's antitrust watchdog has cleared the share purchase by Thailand’s Bank of Ayudhya of 50 percent of SB Finance Company, the consumer loan subsidiary of Security Bank. Read more »

Antitrust body to release guidelines on review moratorium under Bayanihan 2 law

ABS-CBN News
Posted at Sep 14 12:21 PM

The Philippine Competition Commission said Monday it would issue a guideline to implement the exemption of deals provided under the recently signed Bayanihan 2, the country's second coronavirus response law.   Read more »

Competition watchdog clears URC's acquisition of sugar milling plants, land in Negros

ABS-CBN News
Posted at Sep 07 03:38 PM

The country’s antitrust watchdog said Monday it has cleared Universal Robina Corp’s acquisition of the assets of several companies in Negros Island. Read more »

Antitrust body 'clears' Razon's acquisition of a controlling stake in Manila Water

ABS-CBN News
Posted at Aug 25 03:18 PM

The Philippine Competition Commission said Tuesday it "cleared" the proposed acquisition of a controlling stake in Manila Water by billionaire Enrique Razon's Trident Water Holdings Inc citing it was "unlikely" to result in lessening of competition.   Read more »

Antitrust body OKs French airport operator's stake acquisition in GMR

ABS-CBN News
Updated as of Aug 20 01:32 PM

The Philippine Competition Commission said Thursday it approved the proposed acquisition of shares of French airport operator in GMR Airports. Read more »

Antitrust body clears Century Properties group's acquisition of unit's voting shares

ABS-CBN News
Posted at Aug 12 04:43 PM

The Philippine Competition Commission said Wednesday it has cleared the proposed acquisition by Century Properties Group Inc of voting shares in subsidiary Century City Development II Corp. Read more »

Antitrust body approves Lim group’s buyout of shares in BDO Leasing

ABS-CBN News
Posted at Aug 11 02:00 PM

The Philippine Competition Commission said Tuesday it approved the Lim group's acquisition of shares in BDO Leasing and Finance Inc.  Read more »

Antitrust body to 'carefully' watch competition concerns after ABS-CBN shutdown

ABS-CBN News
Updated as of Jul 21 10:43 AM

The Philippine Competition Commission said Tuesday it would "carefully" watch the development in the free TV industry following the government shutdown of ABS-CBN and Congress’ rejection of its bid for a fresh 25-year franchise. Read more »

Antitrust body issues guidelines for merger reviews under GCQ, MGCQ

ABS-CBN News
Posted at Jul 17 05:15 PM

The Philippine Competition Commission said Friday the regular merger review operations would resume using digital means and that it has issued guidelines for operations under general and modified general community quarantine.   Read more »

Anti-trust body exempts public-private ventures from merger notification

ABS-CBN News
Posted at Jun 26 03:21 PM

Joint ventures between the government and private entities are now exempted from the mandatory merger notification to make doing business easier, the country's anti-trust body said Friday. Read more »

Pandemic risks 'distorting' market competition: antitrust watchdog

ABS-CBN News
Posted at May 28 10:11 AM

The Philippine Competition Commission said Thursday the COVID-19 pandemic highlighted the need for policies that protect small businesses. Read more »

Anti-trust body flags competition 'concern' if ABS-CBN closes down

ABS-CBN News
Posted at Feb 24 08:50 PM

If ABS-CBN goes off air, its market share will "gravitate" towards the competition, an official of the Philippine Competition Commission told senators on Monday.  Read more »

Antitrust body raises mergers, acquisitions thresholds for notification

ABS-CBN News
Updated as of Feb 17 12:42 PM

The threshold size of either firm or entity before the transaction will be increased to P6 billion from P5.6 billion effective March 1. The threshold for the size of transaction will be raised to P2.4 billion from P2.2 billion, the PCC said in a statement. Read more »