The Philippines recently enacted Republic Act 10667 or the Philippine Competition Act which defines, prohibits and penalizes anti-competitive agreements, abuse of dominant position, and anti-competitive mergers and acquisitions. It also creates the Philippine Competition Commission, which has original and primary jurisdiction to deal with cases involving violations of the Act. The Act was published on July 24, 2015 and took effect on August 8, 2015. Download the Competition Bulletin for more information on the Philippine Competition Act, what it covers, and its key provisions. This bulletin was authored by SyCipLaw partner Arlene M. Maneja. |