The Philippine Competition Commission yesterday confirmed that it was conducting a “full administrative investigation” on the cement industry since January, a probe that remained “nonadversarial” since no formal complaint had been filed against any specific industry player yet.
PCC Executive Director Gwen G. de Vera told reporters that they were trying to determine the specific violations of the competition law following a complaint made by a former trade official.
“I would like to confirm that, for the cement case, PCC is already in full administrative investigation,” she said.
This corrected a comment from PCC earlier this week saying that it was still in the process of a preliminary inquiry into the complaint instead of a full investigation.
Full Content: Global Cement
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