The National Competition Policy, a comprehensive framework that steers regulations and administrative procedures, is being finalized by the Philippine Competition Commission (PCC) in another leap forward of the Philippines towards ensuring free and fair market competition.
PCC Chairman Arsenio Balisacan said they are finalizing the NCP together with the National Economic and Development Authority. The NCP is planned to be issued as an Executive Order containing a comprehensive framework that steers regulations and administrative procedures to promote free and fair market competition.
Balisacan announced the NCP progress in a speech before the launch of the World Bank Report on “Fostering Competition in the Philippines: The Challenge of Restrictive Regulations.”
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