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 ››

PCC Public Advisory: New Merger Notification Filing and Review Fees Arrangement   REFERENCE: mergers@phcc.gov.ph Mergers and Acquisitions Office Philippine Competition Commission RELATED LINKS: PCC Memorandum Circular No. 17-002: Revised Rules on Payment of Fees for Notification and Review of Mergers and Acquisitions BTr Treasury Circular No. 2-2022: Guidelines in National Deposited Collections and Issuance of Certification of… continue reading ››

PRESS STATEMENT Re: PLDT-Sky Cable Transaction 17 March 2023   The Philippine Competition Commission (PCC) is monitoring the developments surrounding the proposed transaction between PLDT, Inc. and Sky Cable Corp. after their disclosures to the public. The PCC notes that previous acquisition plans involving PLDT and Sky Cable have been rescinded in 2020 and 2022 for various reasons, including PLDT’s own… continue reading ››

PRESS RELEASE 17 March 2023   PCC hosts 30th ASEAN Experts Group on Competition Meeting   PHILIPPINES—The Philippine Competition Commission (PCC) hosted the 30th ASEAN Experts Group on Competition (AEGC) Meeting and other related meetings, alongside the 4th ASEAN Heads of Competition Agencies (AHCA) Meeting on 13-17 March 2023 in Palawan, Philippines.  These meetings convened the heads and officials of competition authorities from ASEAN Member States (AMS) and discussed recent developments on key deliverables under the ASEAN Competition Action Plan (ACAP)… continue reading ››