warmly congratulates the Philippine Competition Commission (PCC) on the publication of this Primer on the Philippine Competition Act (PCA). When the Philippine Competition Act 1 (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. 186 which created the Government Service Insurance System (GSIS) which started operations in 1937. Originally, under the Philippine Competition Act, mergers and acquisitions wherein the value of the transaction exceeds One Billion Pesos (P1,000,000,000.00 or approximately US$19.2 million) are subject to compulsory notification and review by the PCC. myra-diwata a. rivera-caroy [republic act no. (PCA) and the Philippine Competition. 10667 Alberto C. Agra Certified PPP SpecialistTM Certified Regulation SpecialistTM PPP Consultant and Practitioner PPP Law and Local Government Law Professor and Political Law Bar Reviewer, Ateneo Law School President, Forensic Solutions Columnist, PPP … Commission (PCC) On anti-competitive agreements. The Philippine Competition Act (PCA) or R.A. 10667 is the primary competition policy of the Philippines for promoting and protecting competitive market. 10667 or the Philippine Competition Act (PCA), which serves as the primary law in the Philippines for promoting and protecting market competition. Prior to the passage of the Philippine Competition Act, regulation of monopolistic or anti-competitive acts was not centralized. Philippine Competition Act Republic Act No. The PCA was passed in 2015 after languishing in Congress for 24 years. an act providing for a national competition policy prohibiting anti-competitive agreements, abuse of dominant position and anti-competitive mergers and acquisitions, establishing the philippine competition commission and appropriating funds therefor state policy sec. With the recent passage of the Philippine Competition Act, a more level playing field for business can be expected from a more comprehensive, centralized, and consistent approach against anti-competitive behavior. The Act covers government employees. This marks the third adjustment since the Philippine Competition Act was enacted in 2015 with a baseline threshold of PHP 1 Billion. Introduction The passing of an anti-trust law was identified early on by the Aquino administration as one of its flagship bills. •••• 1936 – Social insurance was established with the enactment of Commonwealth Act no. In light of the enactment of the Philippine Competition Act (PCA) in 2015, competitors, manufacturers, retailers and sellers or suppliers, in general, should be wary of price fixing agreements. The flowchart below serves as a guide on the timeline of each step in the Merger Notification and Review Process based on the Implementing Rules and Regulations of the Philippine Competition Act. 10 On abuse of dominant position. 10667]. atty. I. Keywords: competition policy and law, Philippine Competition Act, anti-competitive behavior Understanding the New Philippine Competition Act 1. 2. declaration of policy. We hope that raising awareness and understanding of … PCA, please consult a lawyer or contact us through queries@phcc.gov.ph. On the Philippine Competition Act. For details, contact the Mergers and Acquisitions Office through landline +632 635 6214 or through e-mail at mergers@phcc.gov.ph. 13 On mergers and acquisitions (M&A) 18. Introduction. 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