PLDT wants gag order on Competition commissionPhilippine Long Distance Telephone Co. (PLDT) wants a gag order against the Philippine Competition Commission (PCC) in relation with the company’s antitrust body review of San Miguel Corp’s Telco assets. (MB File photo)“Due to the sensitive nature of the acquisition, and the high public interest in this case, PLDT is concerned of the possible prejudices and influences that may seep into this Honorable Court’s deliberation,” PLDT said in its motion filed before the 12th division of the Court of Appeals. This came after the PCC said that PLDT and Globe’s joint buyout of SMC’s Telco unit was a prelude to more ‘cartel-like behavior.’Last July, PLDT and Globe Telecom asked the court appeals to stop the government’s anti-trust watchdog from reviewing their acquisition of San Miguel’s telecommunications business.

Source: Manila Bulletin October 12, 2016 02:59 UTC