PCC | ABS-CBN News

Antitrust body OKs AIA Philippines' acquisition of MediCard

ABS-CBN News
Updated as of Jan 06 05:37 PM

The Philippine Competition Commission said it approved AIA Philippines' proposed acquisition of 100 percent shares in MediCard Philippines Inc. Read more »

Lawmakers seek to place Maharlika fund under PCC

Katrina Domingo, ABS-CBN News
Updated as of Dec 13 05:29 PM

Lawmakers are considering to place the proposed Maharlika Investment Fund under the supervision of the Philippine Competition Commission. Read more »

Eagle Cement buyout not subject to PCC review: San Miguel

ABS-CBN News
Posted at Oct 28 11:23 AM

San Miguel Corp on Friday said it has received a notice from the Philippine Competition Commission stating that its proposed acquisition of shares in Eagle Cement Corp would not be subject to a review. Read more »

PCC approval not needed for Grab acquisition of Move It

ABS-CBN News
Updated as of Oct 18 01:30 PM

Grab Philippines' acquisition of motorcycle ride-hailing firm Move It does not need approval from the Philippine Competition Commission, the agency said. Read more »

PLDT to DITO: Pay P430-M obligation or deal terminated

ABS-CBN News
Posted at Oct 10 08:56 AM

PLDT said it could terminate service agreements with DITO Telecommunity if it refuses to pay over P430 million it owed the telco for building transmission facilities within 30 days. Read more »

PCC sets provisional thresholds for mergers and acquisition review

ABS-CBN News
Posted at Sep 16 10:52 AM

The Philippine Competition Commission said it would implement provisional compulsory notification thresholds for mergers and acquisitions. Read more »

PCC says ABS-CBN, TV5 deal not a merger

Raffy Cabristante, ABS-CBN News
Updated as of Aug 24 09:40 PM

An official of the antitrust body said the agreement between ABS-CBN and TV5 is not a merger but that there may be "badges" of acquisition of control in the deal. Read more »

Globe, Smart face P100-M fine if guilty of 'abuse': PCC

Jekki Pascual, ABS-CBN News
Posted at Aug 10 09:52 PM

Globe and Smart may be fined up to P100 million each if found guilty of abusing their dominant position, the Philippines' antitrust watchdog said. Read more »

DITO files complaint vs Globe, Smart with antitrust body

Jekki Pascual, ABS-CBN News
Updated as of Aug 08 05:19 PM

DITO said it has filed 2 complaints with antitrust regulators against Globe and PLDT-Smart citing difficulties with interconnecting DITO calls with their networks. Read more »

BSP approves UnionBank acquisition of Citi PH consumer business

ABS-CBN News
Posted at Jul 20 09:06 AM

The Bangko Sentral ng Pilipinas has approved UnionBank's acquisition of Citigroup's consumer business in the Philippines, the bank said Wednesday. Read more »

NEDA's Balisacan: Second time around

Art Fuentes, ABS-CBN News
Posted at Jun 30 04:11 PM

Incoming Socioeconomic Planning Secretary Arsenio Balisacan will need to steer an economy that appears on the way to recovery but is facing both old and new risks to growth. Read more »

PCC approves AC Logistics’ acquisition of Air21 shares

ABS-CBN News
Posted at Jun 08 03:26 PM

The Philippine Competition Commission has approved the proposed acquisition by AC Logistics Holdings Corp of controlling interest in Air21 Holdings Inc. Read more »

UnionBank's acquisition of Citi PH consumer banking business gets PCC nod

ABS-CBN News
Updated as of Apr 09 10:34 AM

The Philippine Competition Commission on Friday said it has approved UnionBank's acquisition of Citi Philippines' consumer banking business. Read more »

Grab suggesting ways to refund, asks for meeting: PCC

Warren De Guzman, ABS-CBN News
Posted at Mar 24 06:19 PM

PCC aid Grab has proposed at least 6 options to distribute the refund and has requested a meeting to discuss the issue. Read more »

Who can avail of Grab Philippines rebate?

ABS-CBN News
Posted at Mar 22 08:40 AM

Not all Grab riders can avail of the P19.3 million rebate from the ride-hailing company. Read more »

PCC gives Grab until April 22 to release refunds

ABS-CBN News
Updated as of Mar 21 04:47 PM

The PCC said it found after review that only 24.1 percent of the total refund has been claimed from Grab by eligible passengers as of June 15, 2021. Read more »

PCC intensifies fight vs internet exclusivity

ABS-CBN News
Posted at Mar 03 12:16 PM

At least 8 property developers have voluntarily complied with the antitrust body's advisory on internet provider exclusivity, the Philippine Competition Commission said Thursday. Read more »

Companies taking over new frequencies face challenges

ABS-CBN News
Posted at Feb 01 10:47 PM

The country's anti-trust watchdog is concerned about their ability to compete with dominant market players. Read more »

Antitrust body seeks role in reassignment of vacated frequencies

Jessica Fenol, ABS-CBN News
Posted at Jan 27 02:55 PM

The Philippine Competition Commission said a "competition lens" should be used when reallocating vacated broadcast frequencies considered as "public goods." Read more »

PCC says notification not needed in Ministop buyout

Jessica Fenol, ABS-CBN News
Posted at Jan 25 12:11 PM

The Gokongwei Group does not need to notify antitrust authorities of its buyout of partner in Ministop Philippines, the Philippine Competition Commission said. Read more »