The Asia-Pacific Antitrust Review 2016

Philippines: Overview

After languishing in Congress for more than two decades, the Philippine Competition Act (PCA) was finally passed by the Philippine Senate and the House of Representatives on 10 June 2015. The PCA was signed into law by President Benigno Simeon C Aquino III on 21 July 2015, and took effect on 8 August 2015. As the country’s first comprehensive competition law, the PCA is widely considered to be a ‘game changer’ and is expected to ‘create a fairer competition environment [in the Philippines] over time.’

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