In accordance with the Philippine Competition Act, its Implementing Rules and Regulations (IRR) set the Size of Transaction (SoT) and Size of Party/Person (SoP) thresholds at one (1) billion pesos. Upon review, the Philippine Competition Commission has deemed it reasonable to increase the values of the notification thresholds. Beginning on 20 March 2018, the SoT… continue reading ››
The Philippine Competition Commission (PCC) conducted a review on the P1-billion threshold for mergers and acquisitions and finds a sound basis to maintain the current minimum. The P1-B threshold is found to be reasonably comparable with other jurisdictions that have mandatory notification requirements and economies of comparable size PCC, however, will continue to monitor the… continue reading ››