MANILA, Philippines — The Philippines is gaining headway in the region in monitoring mergers and enforcing antitrust laws, a new report said. According to findings of 2019 “Global Trends Monitor” report published by competition news and analysis company PaRR, the Philippines climbed three notches to 5th place in 2018 out of 10 Asia-Pacific economies in terms of antitrust enforcement and policy developments. “The PCC will see an increase enforcement activity as a result of leniency and dawn raids. In 2018 alone, the antitrust body received 40 mergers and acquisition (M&A) transactions, cumulatively worth P438 billion, of which 33 were approved. FROM BUSINESSWORLD: With higher threshold, PCC expects number of M&A notifications to drop— Ian Nicolas Cigaral

Source: Philippine Star February 20, 2019 04:22 UTC