PRESS RELEASE 7 February 2024 PCC holds workshop to equip gov’t lawyers in upholding competition principles Center: PCC Commissioner Lolibeth Ramit-Medrano, PCC Commissioner Marah Victoria S. Querol, Associate Justice Maria Filomena D. Singh, PCC Commissioner Ferdinand M. Negre, and PCC Chairperson Michael G. Aguinaldo attend the orientation on the Code of Professional Responsibility and Accountability… continue reading ››

PRESS RELEASE 6 February 2024 PCC clears Fresh River’s acquisition of Casecnan plant The Philippine Competition Commission (PCC) has cleared Fresh River Lakes Corporation’s (Fresh River) proposed acquisition of the Casecnan Hydroelectric Power Plant (CHEPP) from state-owned Power Sector Assets and Liabilities Management Corporation (PSALM) and National Irrigation Administration (NIA). The Commission en banc on… continue reading ››

PRESS RELEASE 5 December 2023 PCC leads discussion of Competition and IP Rights interface at 10th ASEAN Competition Conference MANILA, 5 December 2023 – The 10th ASEAN Competition Conference (ACC) called for stronger regional collaboration to address emerging issues arising from the interface of competition and intellectual property (IP) laws. Hosted by the Philippine Competition… continue reading ››

PRESS RELEASE 23 November 2023 PCC establishes Visayas presence with Cebu investigation station (L-R) PCC Commissioners Ferdinand M. Negre and Michael B. Peloton, PCC Chairperson Michael G. Aguinaldo, and PCC Executive Director Kenneth V. Tanate lead the inauguration of the PCC investigation station (i-Station) in Cebu City on November 15, 2023. The Philippine Competition Commission… continue reading ››

Commission Decision No. 02-M-001/2023 Proposed Merger of Bank of the Philippine Islands and Robinsons Bank Corporation   Abstract: The proposed transaction is a merger between Bank of the Philippine Islands (“BPI”), a corporation with a universal banking license from the Bangko Sentral ng Pilipinas (“BSP”), and Robinsons Bank Corporation (“RBC”), a corporation with a commercial banking license… continue reading ››

PRESS RELEASE 22 September 2023 Third PCC i-Station opens in Davao City PCC Chairperson Michael G. Aguinaldo and PCC Commissioners Ferdinand M. Negre, Marah Victoria S. Querol, Michael B. Peloton, and Lolibeth Ramit-Medrano lead the inauguration and ribbon-cutting ceremony of the PCC Investigation and Collaboration Station (i-Station) in Davao City on September 20, 2023. The… continue reading ››

Commission Decision No. 01-M-002/2023: Proposed Acquisition by Phil-Tower Consortium Inc. of Assets of Globe Telecom, Inc.   Abstract: The proposed transaction concerns the proposed acquisition by Phil-Tower Consortium Inc. (“PTCI”) of approximately 1,350 tower assets of Globe Telecom, Inc. (“Globe”) pursuant to an Asset Sale and Purchase Agreement executed on 23 September 2022. PTCI is… continue reading ››

Commission Decision No. 03-M-002/2023:  Proposed Acquisition of Ayudhya Public Company Limited and MUFG Bank, Limited of Shares in HC Consumer Finance Philippines, Inc.   Abstract of the Proposed Transaction HC Philippines Holdings B.V. (“HC Philippines BV”) owns 75,250,000 preferred shares and 600,003 common shares of HC Consumer Finance Philippines, Inc. (“HCPH”) representing approximately 99.48% of… continue reading ››