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Weather or collusive acts? Antitrust watchdog probes power outages

ABS-CBN News
Updated as of Jun 16 10:45 AM

MANILA - The Philippine Competition Commission is investigating whether recent power outages in the country were due to collusive practices or natural causes. Read more »

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 »

DITO Telecommunity mag-aalok ng SIM cards, telecom services simula Marso

ABS-CBN News
Posted at Feb 23 09:04 PM

Ilulunsad na ng DITO Telecommunity ang serbisyo nito sa susunod na buwan.  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 »

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 watchdog issues guidelines on merger reviews under Bayanihan 2

ABS-CBN News
Updated as of Oct 05 12:34 PM

The Philippine Competition Commission (PCC) on Monday said it has issued guidelines on mergers and acquisitions in compliance with the provisions under the Bayanihan to Recover as One. 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 »

PCC rules bar taekwondo association from expelling Geisler, lawyer argues

Dennis Gasgonia, ABS-CBN News
Posted at Sep 23 06:42 PM

The camp of embattled taekwondo champion Donnie Geisler questioned the Philippine Taekwondo Association's (PTA) decision to expel him from the sport's national governing body. 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 »

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 »

THE DAY IN PHOTOS: July 21, 2020

ABS-CBN News
Posted at Jul 21 11:49 PM

Here are the big stories today in photos. Read more »

Continuous support for ABS-CBN

Mark Demayo, ABS-CBN News
Posted at Jul 21 10:47 PM

ABS-CBN employees and supporters join a noise barrage in front of the network’s headquarters in Quezon City, with protests calling for the company's return to the airwaves entering its second week.  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 »

Pepsi Philippines: Lotte buyout plan gets antitrust body's approval

ABS-CBN News
Posted at Mar 30 10:17 AM

Pepsi-Cola Products Philippines Inc said Monday the country's antitrust watchdog approved the plan of Lotte Chilsung to buy out its fellow shareholders. Read more »

PCC working with other regulators to harmonize policies

ABS-CBN News
Posted at Jan 31 11:12 PM

The Philippine Competition Commission gathered experts from all over the world to discuss how regulation and legislation can go hand-in-hand with competition policy. Read more »

Grab needs 'big competitor' to temper dominance: antitrust chief

ABS-CBN News
Updated as of Jan 17 10:22 AM

A "monitor" will be established "soon" to check on the refund, Philippine Competition Commission Chairman Arsenio Balisacan said. Grab started crediting the P19 million in refunds to app users' digital wallets as it denied overcharging. Read more »