Monday, January 8, 2018
The Philippine Competition Act and the Rules on Merger Control and Antitrust: A Guide for International Firms
Rachelle Diaz and Edan Cañete discuss The Philippine Competition Act and the Rules on Merger Control and Antitrust: A Guide for International Firms.
ABSTRACT: When the Philippine Competition Act1 (PCA/the Act) was signed into law in July 2015 and became effective in August of the same year, it marked a turning point in Philippine law that legislators, legal practitioners, and scholars alike had long envisioned: the integration of competition policy in the Philippines. Prior to the PCA, the body of competition law in the Philippines was a smattering of individual provisions in different laws, discrete statutes that regulated only certain aspects of anticompetitive behaviour, and piecemeal enforcement by industry-specific agencies—which, taken all together, did not make for a complete and unified competition policy.