Rappler's latest stories on Philippine Competition Commission
The Philippine Competition Commission will fast-track the review process for certain transactions starting July 2
The Philippine Competition Commission finds no issues with AC Energy acquiring a stake in Phinma Energy Corporation
(UPDATED) 8990 Holdings subsidiary Urban Deca Homes is found violating the Philippine Competition Act by preventing its clients in a Manila property from choosing their own internet service provider
The Philippine Competition Commission says it will 'examine whether there are competition concerns in the onion industry'
The long-overdue partnership is expected to produce studies scrutinizing the competitiveness of various industries
(UPDATED) RHI Group still believes that the consolidation of the sugar mills will improve the efficiency of operations in Batangas
(3rd UPDATE) PCC Commissioner Johannes Bernabe explains the failure to submit the needed data 'prevented the PCC and the 3rd party body' from monitoring the pricing commitments
The PCC is penalizing Grab for supposedly failing to keep its pre-Uber acquisition prices and quality of service, among other alleged violations of interim rules
(UPDATED) Philippine Competition Commission slaps Grab with a fine of P12 million and Uber with P4 million for causing 'undue difficulties' to the review of their deal
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In fact, Grab has a 5% fare hike petition pending with the Land Transportation Franchising and Regulatory Board
Any breach of the fair pricing conditions and service quality commitments set by the Philippine Competition Commission will subject Grab to fines of up to P2 million per violation
The Philippine Competition Commission will work with the Public-Private Partnership Center to flag anti-competitive schemes at the early stages of a bidding process
Philippine Competition Commission Chairman Arsenio Balisacan says the Consultative Committee's proposed constitution creates a Federal Competition Commission, a constitutional body that has 'more teeth' than the PCC
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The Philippine Competition Commission also finds that newly accredited ride-hailing companies are unlikely to provide much of a challenge to Grab – at least not in the near future
Udenna Corporation, holding firm of tycoon Dennis Uy, pays the Philippine Competition Commission P19.6 million as penalty for initially failing to notify the antitrust agency about the merger
The Philippine Competition Commission also gives Grab and Uber until Tuesday, April 17, to explain why they failed to continue operating the platform as previously ordered
Senator Sherwin Gatchalian calls on the Land Transportation Franchising and Regulatory Board to require Grab to provide a breakdown of charges in its receipts
Effective immediately, the 1.5x surge pricing cap applies to all ride-hailing services offered by Grab
The Land Transportation Franchising and Regulatory Board says Uber should resolve its issues with the Philippine Competition Commission before closing down – 'the sooner, the better'
PBA Representative Jericho Nograles alleges that Grab 'illegally' charges its customers P2 per minute of travel. Grab officials say the Land Transportation Franchising and Regulatory Board was informed about this.
'They want us to be independent and that's a contradiction,' Grab Philippines Head Brian Cu says in a press briefing at the Uber office in Mandaluyong
'Their apps might be up but is the back system in place? Is the full support in place?' LTFRB Board Member Aileen Lizada says following the Philippine Competition Commission order for Uber and Grab to continue separate operations pending a review of their deal
'This virtual monopolization of the market by Grab can harm the riding public,' says Philippine Competition Commission Chairman Arsenio Balisacan, as the country's antitrust body conducts an in-depth review of the deal
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(UPDATED) But Uber Asia Pacific chief business officer Brooks Entwistle says the company no longer has the capital and people to continue its operations in the Philippines and 7 other markets
Duterte on UN Human Rights Chief, DOLE on Jollibee, Sison on resumption of peace talks | Evening wRap
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Grab says it will 'prepare the necessary documents and share information required' by the Philippine Competition Commission
This is after the Philippine Competition Commission's preliminary assessment shows that the transaction may hurt commuters and drivers
The Philippine Competition Commission notes that Uber's exit would lead to Grab monopolizing the ride-sharing market
Makati Representative Luis Campos Jr also says lawmakers are counting on the Philippine Competition Commission to go over the Uber-Grab deal
'Obviously, it is not good. From a duopoly, it becomes a monopoly,' warns an economist
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The proposed P121.8-billion National Government Administrative Center at New Clark City in Capas, Tarlac will house an extension office for the Philippine president, plus major administrative offices and satellite offices of agencies
The Philippine Competition Commission is looking for faster ways to review joint venture companies interested in bidding for the 3rd telco slot
With inflation going up, the country's antitrust body adjusts the threshold for reviewing merger and acquisition (M&A) transactions to P2 billion, from P1 billion
The Philippine Competition Commission finds that the deal does not result in substantial lessening of competition in the power generation and retail electricity markets
These joint ventures include Ayala Land's partnership with Royal Asia Land to develop a 936-hectare property in Cavite, as well as the plan of Markham and Alternergy for hydropower projects in Ifugao
The country's antitrust body is reviewing its existing P1-billion threshold, taking into account that inflation hit a 3-year high last January
Udenna is weighing two options – challenge the PCC decision by filing a motion for reconsideration or a court petition, or fulfill the PCC requirement to file a notification of its acquisition
The holding company of Dennis Uy is also being penalized over P19 million for its alleged failure to notify the Philippine Competition Commission of its merger with a Dutch company, which indirectly holds shares in 2GO's parent firm
The PCC will have to address the competition issues confronting the 3rd telco player, while the NTC will have to ensure that the new entrant will meet the required regulatory and corporate issues before it could penetrate the market and go full blast in its operations
(UPDATED) SM and Goldilocks back out from the deal due to 'changes in the general business environment'
The establishment of the bank is now being reviewed after the Bangko Sentral ng Pilipinas approved Landbank's acquisition of Postbank
The Philippine Competition Commission calls the drop in the country's ranking a ‘sobering account of our performance in attracting new investors and putting up new businesses in the country’
The Philippine Competition Commission says it is ready to offer guidance if the National Transmission Corporation partners with a private firm to enter the telecommunications industry
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PLDT and Globe say they're working to improve services, while the Philippine Competition Commission describes Jack Ma's disappointing experience as a 'wake-up call' for the telcos