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  1. Learn about the Philippine Competition Act (PCA) or R.A. 10667, the primary competition law of the Philippines that promotes fair competition and consumer protection. The PCA was passed in 2015 and aims to improve economic growth and efficiency in the marketplace.

  2. 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. Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

  3. Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement.

  4. Mar 6, 2020 · Philippine Competition Law at a Glance. (updated 06 March 2020) On 21 July 2015, Republic Act No. 10667, otherwise known as the Philippine Competition Act was finally enacted and became effective on 08 August 2015.

  5. The law defines, prohibits, and penalizes anti-competitive practices, with the aim of enhancing economic efficiency and promoting free and fair competition in trade, industry, and all commercial economic activities.

  6. The Philippine Competition Act prohibits: Anti-competitive Agreements Abuse of Dominant Position Anti-competitive Mergers & Acquisitions Economic analysis of what substantially prevents, restricts, lessens competition

  7. major provision of competition law is the set of rules on approving M&A. Therefore, the core functions of competition law include preventing firms from unfairly obtaining market power, barring them from actually abusing it, and setting rules for M&A, which is more of a preemptive measure. The promotion of competition does not

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