Chairman Arsenio M. Balisacan led the plenary session on “Competition, Growth and Uncertainty” last November 8 at the 55th Philippine Economic Society’s Annual Meeting and Conference attended by high-level government officials, economists, members of the academe, and professionals.

Dr. Balisacan was joined by Dr. Birgit Grundmann of the German Foundation for International Cooperation and Atty. Alicia Juliet Salita of ING Philippines, with Dr. Clarissa David of UP College of Mass Communication as moderator.

Chairman Balisacan discussed the landscape of competition in the Philippines and how the PCC has taken steps towards addressing market uncertainty and promoting economic growth. Dr. Grundmann, on the other hand, shared Germany’s experience on how effective enforcement of competition law has successfully changed market dynamics for firms across industries. In representing how corporations are adjusting to the competition law and compliance to PCC’s rules, Atty. Salita shared the experience of ING as a multinational company in complying with antitrust regulations around the world and how competition law and policy benefits the business sector.