Recent Developments On 21 February 2019, the Philippine Competition Commission (PCC) issued Resolution No. 03-2019 (CR 3-19) increasing the thresholds for mandatory notification of M&A transactions (i) from PhP5 billion to PhP5.6 billion for the size of person test, and (ii) from PhP2 billion to PhP2.2 billion for the size…
Recent Developments On 27 December 2018, the Philippine Competition Commission (PCC) issued the Rules of the Leniency Program (Rules). The Rules fully implement the PCC’s Leniency Program as provided under the Philippine Competition Act. The Rules offer persons and entities that are former or current participants in cartels immunity from…
A brand new competition law regime will soon be in place in the Philippines. The new Competition Law was signed on 21 July 2015 by the President and it will come into force 15 days after it is published (which is thought to be imminent). The Competition Law comprises the…