PRESS RELEASE 2 June 2022 PCC opens investigation station in South Luzon Philippine Competition Commission Chairperson Arsenio M. Balisacan and Legazpi Mayor and Incoming Albay Governor Noel E. Rosal lead the inauguration and ribbon cutting ceremony of the PCC Investigation and Collaboration Station (i-Station) in Legazpi City on 2 June 2022. The Philippine Competition Commission (PCC)… continue reading ››
PRESS RELEASE 14 April 2022 Joint Statement on Maintaining Competition Policy in Post-Pandemic Economic Recovery The ASEAN Heads of Competition Agencies (AHCA) issued a Joint Statement on Maintaining Competition Policy in Post-Pandemic Economic Recovery to support ASEAN’s post-pandemic recovery efforts as guided by the ASEAN Comprehensive Recovery Framework (ACRF). The Joint Statement underlined the… continue reading ››
PRESS RELEASE 08 April 2022 PCC approves UnionBank’s acquisition of Citi PH consumer banking assets The Philippine Competition Commission (PCC) has approved the proposed acquisition by Union Bank of the Philippines (UnionBank) of Citibank, N.A. Philippine Branch (Citibank PH), Citicorp Financial Services & Insurance Brokerage Philippines, Inc. (Citicorp), and Citibank Square Building (Citi Square)…. continue reading ››
PRESS RELEASE 06 April 2022 PCC meets franchising group to underpin competition in industry The Philippine Competition Commission (PCC) is strengthening competition awareness in the growing franchising sector as it sees the industry gaining popularity in the country and fast becoming an important contributor to the Philippine economy. The PCC held a webinar… continue reading ››
DATA SCIENCE FOR COMPETITION ASSESSMENTS | The Philippine Competition Commission teams up with the Asia-Pacific Economic Cooperation to develop a data science toolkit designed for regulators focusing on digital market platforms. For the capacity-building initiative behind its launch, PCC Economics Director Dr. Benjamin E. Radoc and Executive Director Kenneth V. Tanate [middle] organized the workshop… continue reading ››
PRESS RELEASE 21 March 2022 PCC orders Grab to release ‘unclaimed’ P19.3M refund to users The Philippine Competition Commission (PCC) is ordering Grab Holdings, Inc. and MyTaxi.PH, Inc. (collectively Grab) to immediately release the remaining P19.3-million refund to eligible users after finding the ride-hailing app’s low disbursement of the refunds from previous fines. After… continue reading ››
PRESS RELEASE 11 March 2022 PCC welcomes Querol, Peloton as new Commissioners The Philippine Competition Commission (PCC) has completed its five-member Commission with the appointment of Atty. Marah Victoria S. Querol and Atty. Michael B. Peloton as new Commissioners at the beginning of the month. Querol and Peloton took the places of Commissioners Macario… continue reading ››
PRESS RELEASE 03 March 2022 PCC strengthens enforcement vs internet exclusivity concerns The Philippine Competition Commission (PCC) has taken several property developers to task for their exclusive dealings with internet operators through the issuance of Enforcement Advisory Letters (EALs), marking the agency’s proactive stance in addressing the persistent concern among properties. The PCC… continue reading ››
PRESS RELEASE 02 March 2022 PCC guides retailers association on pro-competition practice amid pandemic The Philippine Competition Commission (PCC) kicked off a webinar series for trade associations on competition law and policy last Wednesday, starting with the Philippine Retailers Association (PRA) to improve the sector’s understanding of the Philippine Competition Act. In the webinar,… continue reading ››
PRESS RELEASE 9 February 2022 PCC, NPC ink partnership to address emerging competition, data privacy issues in digital economy The Philippine Competition Commission (PCC) and the National Privacy Commission (NPC) signed today a memorandum of agreement (MOA) to strengthen enforcement and policy coordination between the two regulators. In a virtual ceremony led by PCC Chairperson Arsenio… continue reading ››