Recent developments On 18 June 2019, the Philippine Competition Commission (PCC) published its Rules on Expedited Merger Review (Expedited Review Rules) which aims to fast-track the review of transactions deemed less likely to result in substantial lessening of competition in the Philippine markets. Under the new rules, the PCC’s review…

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…

On 10 September 2018, the Philippine Competition Commission (“PCC”) issued its Guidelines on Notification of Joint Ventures (“JV Guidelines”) to aid parties in assessing whether a proposed M&A transaction would be considered a joint venture (“JV”) that is subject to mandatory notification under the Philippine Competition Act (“PCA”), and in…