Philippine Competition Commission - updates

Rappler's latest stories on Philippine Competition Commission

ARTICLE FINDER

Antitrust body slams San Miguel-Holcim deal, raises monopoly concerns

Jan 31, 2020 - 6:48 PM

(UPDATED) The Philippine Competition Commission says San Miguel’s planned acquisition of Holcim Philippines will weaken competition in the grey cement market

Philippines strengthens crackdown on consumer fraud

Jan 04, 2020 - 8:17 AM

The Department of Justice boosts witness protection for whistleblowers against businesses that violate the Philippine Competition Act

Construction of a residential condominium in Quezon City on August 6, 2018. Photo by Jire Carreon/Rappler

Grab refunding passengers starting December 31

Dec 26, 2019 - 1:51 PM

(UPDATED) The P1-refund is available to GrabCar riders with total fares of every P1,200 from February 10 to May 10; and every P450 from May 11 to August 10

Grab ordered to refund riders another P14 million

Dec 18, 2019 - 11:37 AM

The Philippine Competition Commission fines Grab another P16.15 million for violating its commitments on pricing and driver cancellation rates

FINED ANEW. The Philippine Competition Commission fined Grab for a fourth time during the initial undertaking of monitoring its commitments, this time imposing a P16.15-million fine for pricing and service quality violations.

Grab says riders to get rebate of 'less than a peso to over P100'

Nov 22, 2019 - 1:50 PM

Grab Philippines also insists that 'no overcharging happened' as the higher fares were driven by 'uncontrollable factors' such as booking demand and traffic conditions

Antitrust body orders Grab to refund P5M to riders

Nov 18, 2019 - 1:05 PM

(UPDATED) The new disgorgement mechanism will require Grab to refund any excess fares to riders through their GrabPay accounts

[ANALYSIS | Point of Law] Competition Commission: Hitting the ground running

Oct 21, 2019 - 5:30 PM

Though we are far from the promised land, the commission's significant and aggressive efforts towards achieving its mission are both valiant and promising

Urban Deca, 8990 Holdings fined P27M for imposing internet provider on residents

Oct 02, 2019 - 11:25 AM

The companies will pay P27.1 million to the Philippine Competition Commission, marking the closure of the first abuse of dominance case in the country

PCC approves Meralco-Marubeni, BCDA joint venture

Jul 03, 2019 - 2:45 PM

The Philippine Competition Commission says the deal will not cause any substantial lessening of competition in the retail electricity supply market

POWER DISTRIBUTOR. The Philippine Competition Commission clears the joint venture between the Bases Conversion and Development Authority and the Meralco-Marubeni consortium to distribute electricity to New Clark City locators. Photo from New Clark City website

PCC speeds up review of qualified deals by 15 days

Jun 18, 2019 - 5:55 PM

The Philippine Competition Commission will fast-track the review process for certain transactions starting July 2

PCC approves AC Energy's acquisition of Phinma power unit

Apr 15, 2019 - 5:50 PM

The Philippine Competition Commission finds no issues with AC Energy acquiring a stake in Phinma Energy Corporation

Antitrust body files case against a condo, mass housing developer

Apr 08, 2019 - 11:40 AM

(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

Antitrust body to aid DA in onion cartel probe

Mar 29, 2019 - 4:31 PM

The Philippine Competition Commission says it will 'examine whether there are competition concerns in the onion industry'

ONIONS FOR SALE. Local onions sold at a public market. Photo by Judgefloro/Wikimedia Commons

DTI, antitrust body to strengthen market competition in new partnership

Feb 15, 2019 - 8:20 PM

The long-overdue partnership is expected to produce studies scrutinizing the competitiveness of various industries

RHI Group to continue Nasugbu operations after antitrust body junks merger

Feb 15, 2019 - 2:51 PM

(UPDATED) RHI Group still believes that the consolidation of the sugar mills will improve the efficiency of operations in Batangas

SUGAR MILL. An aerial view of the Central Azucarera Don Pedro. Photo from the Roxas Holdings, Inc website

Antitrust body fines Grab Philippines anew

Jan 25, 2019 - 11:50 AM

(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

Grab to ask PCC to reconsider P12-M fine

Oct 26, 2018 - 6:17 PM

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

Rappler file photo

Antitrust watchdog fines Grab P16 million over Uber deal

Oct 17, 2018 - 11:08 AM

(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

Federalism probe, Grab pricing, PH weather | Evening wRap

Aug 10, 2018 - 9:17 PM

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Grab fares 'not necessarily lower' after Uber buyout approval

Aug 10, 2018 - 5:09 PM

In fact, Grab has a 5% fare hike petition pending with the Land Transportation Franchising and Regulatory Board

COMMITMENTS. Grab Philippines head Brian Cu said on August 10, 2018 that they will adhere to the imposed commitments of the Philippine Competition Commission on the Uber acquisition deal. Photo by Darren Langit/Rappler

Antitrust body OKs Grab-Uber deal, sets conditions

Aug 10, 2018 - 1:04 PM

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

Competition body eyes early review of PPP projects

Jul 20, 2018 - 5:29 PM

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

AGREEMENT. Public-Private Partnership Executive Director Ferdinand Pecson and Philippine Competition Commission Chairman Arsenio Balisacan sign a memorandum of agreement to work together on July 20, 2018. PCC Photo

New antitrust body under proposed constitution 'good for competition'

Jul 20, 2018 - 3:34 PM

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

SUPPORT. Philippine Competition Commission Chairman Arsenio Balisacan supports federalism. PCC Photo

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May 31, 2018 - 11:00 AM

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BRP SIERRA MADRE. This aerial photo  taken from a military aircraft shows the dilapidated Sierra Madre ship of the Philippine Navy anchored near Ayungin Shoal (Second Thomas Shoal) with Philippine soldiers onboard to secure the perimeter in the Spratly Islands, on May 11, 2015. File photo by Ritchie Tongo/AFP

Grab denies PCC findings of higher fares, 'deteriorating' service

May 30, 2018 - 7:30 PM

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

grab application on phone. Photo by Rob Reyes/Rappler

PCC approves merger of Dennis Uy's Udenna with 2GO shareholder

May 07, 2018 - 6:00 PM

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

COMPLIANCE. Back in August 2016, Dennis Uy's Udenna bought all of KGLI Investment Cooperatief UA's shares in KGLI-BV, which in turn owned 39.71% of KGLI-NM Holdings Incorporated. Photo was during a sit-down interview with Uy on July 12, 2017. Photo by LeAnne Jazul/Rappler

PCC to pursue review of Grab-Uber deal despite Uber closure

Apr 16, 2018 - 6:30 PM

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

Senators slam Grab's 'predatory pricing, overcharging'

Apr 16, 2018 - 2:55 PM

Senator Sherwin Gatchalian calls on the Land Transportation Franchising and Regulatory Board to require Grab to provide a breakdown of charges in its receipts

AFTERMATH. Discussion with the Philippine privacy watchdog comes after Uber sold its entire Southeast Asian business to rival Grab. Photo by Rob Reyes/Rappler

LTFRB lowers Grab surge pricing cap amid illegal fare allegation

Apr 11, 2018 - 4:51 PM

Effective immediately, the 1.5x surge pricing cap applies to all ride-hailing services offered by Grab

LOWER SURGE. Grab spokesperson Leo Gonzalez says the company will comply with the LTFRB ruling. Photo by Aika Rey/Rappler

LTFRB: Uber can only operate until April 15

Apr 11, 2018 - 4:30 PM

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'

HEARING. LTFRB holds a special hearing on the renewal of Uber's accreditation on April 11, 2018. Photo by Aika Rey/Rappler

Lawmaker: Grab charges 'illegal' fares, owes customers refund

Apr 10, 2018 - 1:51 PM

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.

ILLEGAL CHARGES? A lawmaker questions to fares charged by Grab Philippines.

Does PCC understand Grab-Uber deal? Grab says operations can't be 'separate'

Apr 09, 2018 - 5:39 PM

'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

DEAL. Grab Philipines holds a press briefing on April 9, 2018 on the Philippine Competition Commission order for Uber to continue operations . Photo by Aika Rey/Rappler

Better for Uber to stop operations on April 8 – LTFRB

Apr 07, 2018 - 9:07 PM

'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

CLOSE DOWN. The LTFRB wants Uber to close down if they don't want enough manpower to deal with customer grievances. PHOTO FROM SHUTTERSTOCK

PCC releases interim measures pending review of Grab-Uber deal

Apr 07, 2018 - 2:54 PM

'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

ORDER. PCC directs Uber Philippines to continue letting Filipinos availing of its ride-sharing services beyond April 8. File photo by Rob Reyes/Rappler

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Apr 06, 2018 - 9:00 AM

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PCC asks Uber, Grab to continue separate operations beyond April 8

Apr 05, 2018 - 4:35 PM

(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

Apr 04, 2018 - 8:47 PM

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President Rodrigo Roa Duterte delivers his speech during the ceremonial distribution of the Certificates of Land Ownership Award (CLOAs) to the Agrarian Reform Beneficiaries at the Sultan Kudarat Sports and Cultural Center in the Municipality of Isulan, Sultan Kudarat on April 2, 2018. ACE MORANDANTE/PRESIDENTIAL PHOTO

Uber drivers' transition to Grab pushes through amid PCC review

Apr 04, 2018 - 12:20 PM

Grab says it will 'prepare the necessary documents and share information required' by the Philippine Competition Commission

PH Competition Commission begins review of Grab-Uber merger

Apr 03, 2018 - 7:10 PM

This is after the Philippine Competition Commission's preliminary assessment shows that the transaction may hurt commuters and drivers

PCC warns Grab-Uber deal may have 'far-reaching impact' on commuters

Apr 02, 2018 - 5:10 PM

The Philippine Competition Commission notes that Uber's exit would lead to Grab monopolizing the ride-sharing market

Bring in Indonesia's Go-Jek to compete with Grab in PH – lawmaker

Mar 31, 2018 - 10:58 AM

Makati Representative Luis Campos Jr also says lawmakers are counting on the Philippine Competition Commission to go over the Uber-Grab deal

GO-JEK. Based in Jakarta, Go-Jek is the most popular ride-hailing and logistics services app in Indonesia. Photo from Shutterstock

As Uber gives up Philippine operations to Grab, what now for commuters?

Mar 26, 2018 - 7:50 PM

'Obviously, it is not good. From a duopoly, it becomes a monopoly,' warns an economist

TAKE OVER. Starting July 8, all Uber drivers will migrate to the Grab platform after a merger deal. Uber office in Mandaluyong City. Photo by Rob Reyes/Rappler

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PCC approves deal to build gov't admin center at New Clark City

Mar 20, 2018 - 9:55 PM

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

PCC assisting DICT for easier entry of 3rd telco

Mar 07, 2018 - 8:40 PM

The Philippine Competition Commission is looking for faster ways to review joint venture companies interested in bidding for the 3rd telco slot

PH Competition Commission doubles threshold for review of mergers

Mar 05, 2018 - 6:00 PM

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

THRESHOLD REVIEW. Arsenio Balisacan says PCC will continue to conduct regular monitoring of the M&A notifications and will revisit the threshold level periodically to make sure it is responsive to changes in the markets and the economy. Photo by Chrisee Dela Paz/Rappler

PCC approves San Miguel's $1.9-B Masinloc coal power plant acquisition

Feb 26, 2018 - 6:55 PM

The Philippine Competition Commission finds that the deal does not result in substantial lessening of competition in the power generation and retail electricity markets

PH Competition Commission approves land, energy joint ventures

Feb 22, 2018 - 4:20 PM

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

PH Competition Commission eyes raising threshold for merger review

Feb 21, 2018 - 3:00 PM

The country's antitrust body is reviewing its existing P1-billion threshold, taking into account that inflation hit a 3-year high last January

THRESHOLD. Under Republic Act (RA) No. 10667 – also known as the Philippine Competition Act – the antitrust regulator should be notified for M&A deals with transaction values above P1 billion. Photo of Chairman Arsenio Balisacan from Philippine Competition Commission