Merger Remedies Guidelines

The Philippine Competition Commission (PCC) has power to prohibit mergers and acquisition agreements that will likely result in substantial prevention, restriction, or lessening of competition (SLC) in the relevant market/s. However, remedies may be considered and accepted by the PCC in mergers and acquisitions that would otherwise be prohibited. The PCC published the Guidelines on… continue reading ››

Statement On The Opening Of Phase II Review And Call For Comments: Proposed Acquisition by AHCHI Pharma Ventures Inc. Of Shares Of Joleco Resources Inc.

Statement On The Opening Of Phase II Review And Call For Comments On The Proposed Acquisition By AHCHI Pharma Ventures Inc. Of Shares Of Joleco Resources Inc. M-2024-002   Stakeholders and interested parties are invited to submit comments on the impact to the market and to competition of the proposed acquisition by AHCHI Pharma Ventures… continue reading ››

Non-Horizontal Merger Guidelines

The Mergers and Acquisition Office (MAO) of the Philippine Competition Commission (PCC) is tasked to review and investigate mergers and acquisitions that could substantially prevent, restrict, or lessen competition in the relevant market or in the market for goods or services. The MAO has published the Non-Horizontal Merger Guidelines (Guidelines) on 18 May 2023 pursuant… continue reading ››

Commission Decision No. 04-M-005/2021: Proposed Unincorporated Joint Venture between JBros Construction Corporation and the City Government of Manila

Commission Decision No. 04-M-005/2021: Proposed Unincorporated Joint Venture between JBros Construction Corporation and the City Government of Manila   ABSTRACT:  The Horizon Manila Reclamation Project is a raw-land reclamation and horizontal development of approximately 419 hectares of foreshore and offshore areas of the City of Manila along Manila Bay. The Project is envisioned as a… continue reading ››

Commission Decision No. 02-M-003/2021: Proposed Acquisition by Analog Devices, Inc. of Shares in Maxim Integrated Products, Inc.

Commission Decision No. 02-M-003/2021: Proposed Acquisition by Analog Devices, Inc. of Shares in Maxim Integrated Products, Inc.   ABSTRACT:  The proposed transaction involves the acquisition by Analog Devices, Inc. (ADI) of Maxim Integrated Products, Inc. (Maxim) through the merger of Magneto Corp. (Magneto), a wholly-owned subsidiary of ADI and Maxim, with Maxim surviving the merger… continue reading ››

Commission Decision No. 01-M-002/2021: In the Matter of the Proposed Acquisition by Scatec Solar ASA of Shares in SN Power AS

Commission Decision No. 01-M-002/2021: In the Matter of the Proposed Acquisition by Scatec Solar ASA of Shares in SN Power AS   ABSTRACT: The transaction involves the acquisition by Scatec Solar ASA (Scatec Solar) of 100% shares of SN Power AS that are currently held by the Norwegian Investment Fund for Developing Countries (Norfund).  Scatec… continue reading ››

Commission Decision No. 20-M-017/2020: Proposed Joint Venture among Axia Power Holdings Philippines Corporation, AC Energy Philippines Inc, and ACE Endevor Inc. over Ingrid Power Holdings Inc.

Commission Decision No. 20-M-017/2020: Proposed Joint Venture among Axia Power Holdings Philippines Corporation, AC Energy Philippines Inc, and ACE Endevor Inc. over Ingrid Power Holdings Inc.   ABSTRACT: The proposed transaction is the formation of a joint venture through the acquisition by AC Energy Philippines, Inc. (AC Energy) and Axia Power Holdings Philippines Corporation (Axia… continue reading ››

Commission Decision No. 15-M-010/2020: Proposed Acquisition by Universal Robina Corporation of Assets of Central Azucarera de la Carlota Inc., Roxol Bioenergy Corporation, and Shares in Najalin Agri-Ventures, Inc.

Commission Decision No. 15-M-010/2020: Proposed Acquisition by Universal Robina Corporation of Assets of Central Azucarera de la Carlota Inc., Roxol Bioenergy Corporation, and Shares in Najalin Agri-Ventures, Inc.   ABSTRACT:  The proposed transaction involves the acquisition by Universal Robina Corporation (URC) of: (1) the sugar milling, and bio-ethanol distillery assets of Central Azucarera de la Carlota,… continue reading ››