The Philippine Competition Commission (PCC) is an independent quasi-judicial body mandated to implement the National Competition Policy and enforce Republic Act No. 10667 or the Philippine Competition Act (PCA), which serves as the primary law in the Philippines for promoting and protecting market competition.
The enactment of the PCA and the creation of PCC aim to promote economic efficiency and ensure fair and healthy market competition where everyone in the country can contribute to and benefit from economic development.
The PCC fosters a regulatory environment for market competition to:
- Protect consumer welfare by giving consumers access to a wider choice of goods and services at affordable prices; and
- Promote a competitive business environment and encourage market players to be more efficient and innovative.
The PCC has original and primary jurisdiction over the enforcement and implementation of the provisions of the PCA and its Implementing Rules and Regulations. It is mandated to, among others:
- Review mergers and acquisitions;
- Investigate and adjudicate antitrust cases;
- Impose sanctions and penalties;
- Monitor competition-relevant interventions;
- Conduct, publish, and disseminate studies and reports on competition-related matters;
- Issue advisory opinions;
- Promote capacity building and the sharing of best practices with other competition-related bodies; and
- Advocate a pro-competition culture in government and businesses.