10 months PCC to cartel members: Come clean Manilatimes |Biz
The country’s antitrust watchdog called on cartel members to “come clean” and share information on anticompetitive agreements amid its launch of a whistleblower-type program at the start of the year. “We urge current and former cartel members to turn their backs on anticompetitive agreements such as price-fixing and bid-rigging,” Philippine Competition Commission (PCC) Chairman Arsenio Balisacan said in a press briefing last week. Arsenio BalisacanAnti-competitive behaviors are prohibited under Republic Act 10667 or the Philippine Competition Act. “The PCC will not hesitate to carry out its mandate under the Philippine Competition Act and bear down on those suspected of participating ... more