1. Philippine Competition Commission Creating a Culture of Competition
C/AMB Presentation for PRRD Briefing
4/18/2018
Philippine Competition Commission Creating a Culture of Competition
7th ASEAN Competition Conference
Managing Change in a Competitive ASEAN
8-9 March 2017
Selangor, Malaysia
Gwen Grecia-de Vera
Executive Director

2. RA 10667 or the Philippine Competition Act (PCA)
C/AMB Presentation for PRRD Briefing
4/18/2018
RA or the Philippine Competition Act (PCA)
Enacted in July 2015 as the primary competition law in the country
Prohibits:
1. Anti-competitive agreements
Cartels
Price fixing
Bid-rigging
Output limitations
3. Abuses of dominant position
Predatory pricing
Limiting access of competitors to production inputs
Discriminatory behavior
2. Anti-competitive mergers and acquisitions

3. C/AMB Presentation for PRRD Briefing
4/18/2018
PCC Functions and Mandate
Review Mergers and Acquisitions
Crack down on cartels
Investigate antitrust cases
Break up monopolies
Conduct market studies
Penalize and fine erring corporations
Issue expert advisories on competition law and policy
Monitors and analyzes the practice of competition in markets
Our mandated functions include, among others:
The review of large mergers and acquisitions
Investigation and rendering of decisions on antitrust cases
Conduct market studies and competition-related research
Issuance of expert advisories on competition law and policy
Advocating pro-competition culture in policy and business
Monitoring the environment for competition-relevant interventions
As the country’s very first antitrust body, we endeavor to crackdown on cartels, break up monopolies, penalize and fine companies when found guilty of price-fixing, bid-rigging, abusing their dominant authority and violating the country’s antitrust law.

4. C/AMB Presentation for PRRD Briefing
4/18/2018
Enforcement Updates
PCC Year 1: Accomplishments
80 M&A notifications received
8 referrals for possible anti-competitive conduct in the telco, cement, power, rice, shipping, trucking, and insurance (2) industries
Zero backlog on merger review
Ongoing legal case against Globe and PLDT on P70-billion acquisition in the telecom sector
At this point, I would like to share with you PCC’s accomplishments so far.
For Mergers and Acquisitions, we currently have 80 notifications received worth about P1.7 trillion as of the second week of January 2017 and we have maintained a zero- backlog on merger reviews.
(Actual Total M&A Figure: P1,694,879,962,708.81)
In Competition Enforcement, we have 8 referrals for possible anti-competitive conduct in the telco, cement, energy, rice, trucking, shipping and insurance (2) industries.
We have also issued 4 procedural guidelines in relation to enforcement and review of mergers.
We are optimistic that 2017 will be a banner year for the Commission as linkages with other government agencies and key regulatory bodies are strengthened.
We look forward to the cooperation of our stakeholders—the business community, lawyers, the consumers and you, our friends in media—in helping us reach our strategic vision of creating a business environment that promotes market competitio

5. C/AMB Presentation for PRRD Briefing
4/18/2018
Enforcement Updates
PCC: Innovating in the Regulatory Landscape
Building the organization
From 20 in August 2016 to 200 by end of 2017
Staff recruitment, training and capacity-building
Resource allocation and tapping technical assistance and external expertise

6. C/AMB Presentation for PRRD Briefing
4/18/2018
Enforcement Updates
PCC: Innovating in the Regulatory Landscape
Establishing relationships with relevant sector regulators (Energy and Power, Telecommunications, Banking and Finance) towards appropriate allocation of responsibilities
Establishing relationships with competition authorities in the region and throughout the world
Developing a collaborative programs for development partners

7. C/AMB Presentation for PRRD Briefing
4/18/2018
Enforcement Updates
PCC: Innovating in the Regulatory Landscape
Inadequate case references or jurisprudence
Building on the previous antitrust regime across disparate enactments
Incorporating relevant information from foreign jurisdictions

8. C/AMB Presentation for PRRD Briefing
4/18/2018
Enforcement Updates
PCC: Innovating in the Regulatory Landscape
Maintaining independence and establishing integrity as the Philippines competition authority
Promote fair and transparent process across operational concerns

9. C/AMB Presentation for PRRD Briefing
4/18/2018
Enforcement Updates
PCC: Innovating in the Regulatory Landscape
Creating and nurturing a culture of competition
National Competition Policy
Inclusion of competition chapter in the Philippine Development Plan
Awareness-building and advocacy activities for various stakeholders

10. C/AMB Presentation for PRRD Briefing
4/18/2018
Thank you.
Thank you.