Tag: PCC
Philippines OKs Pepsi, Lotte Buyout Plan
Pepsi-Cola Products Philippines Inc said Monday the country's antitrust watchdog approved the plan of Lotte Chilsung to buy out its fellow shareholders.
The South Korean...
Philippine Competition Commission Suspends Merger Processes
The Philippine Competition Commission (PCC) is suspending the acceptance and evaluation of merger notifications with its offices minimally staffed while Metro Manila is under...
Philippines: Antitrust watchdog wants dawn raids without writ
The Philippine Competition Commission (PCC) wants Congress to empower it to conduct dawn raids without a court order, as it bolsters its probe of...
Philippines: Grab to refund passengers for overcharging
Grab announced Thursday, December 19, that it would refund a total of 14.1 million pesos (US$278,000) to the GrabPay wallets of passengers in the...
Philippines: PCC probes rice importers
Philippine Competition Commission (PCC), the government’s antitrust body, is to launch an investigation against rice traders who may have been undervaluing their imports to...
Philippines: Regulator approves EastWest Bank’s acquisition of PBCom
The Philippine Competition Commission said Wednesday it approved East West Banking's acquisition of Philippine Bank of Communications' (PBCom) auto loan portfolio.
The transaction, which involves...
Philippines: PCC finalizing national competition policy
The National Competition Policy, a comprehensive framework that steers regulations and administrative procedures, is being finalized by the Philippine Competition Commission (PCC) in another...
Philippines: PCC Chairman supports new antitrust body
Philippine Competition Commission (PCC) Chairman Arsenio Balisacan said on Friday, July 20, that he backs the creation of a Federal Competition Commission under the...
Philippines: Watchdog voids Chelsea Logistic’s takeover of Trans-Asia
The Philippine Competition Commission (PCC) voided Chelsea Logistics Holdings Corp’s (CLC) acquisition of Trans-Asia Shipping Lines due to the companies’ failure to notify the...