Philippine Competition Commission steps up enforcement

Author: Karry Lai | Published: 20 Nov 2017

Companies have had two years to remedy existing anti-competitive practices
Lawyers in the Philippines are anticipating a stricter competition regime following a two-year grace period for businesses to get ready.

Since the Philippine Competition Act (PCA) came into force two years ago, the Philippine Competition Commission (PCC) has dealt mainly with merger reviews. As of August, it had received 114 merger filings and cleared 95 of them.

Enforcement activities relating to anti-competitive agreements and abuse of market dominance were given a two-year grace period to enable businesses to remedy potential anti-competitive conduct arising before the PCA came into full effect. The grace period ended...