About the theme The persistence of anti-competitive policies and business practices poses a risk to the sustainability and inclusivity of economic growth. Effective enforcement of competition law and policy is thus essential to the country’s long-term development agenda. To instill discipline in the markets, PCC has flexed its enforcement muscle: it decided on its first abuse of dominance case, issued its first merger prohibition, and imposed hefty fines on competition law violators. As it matures as a competition authority, PCC has sustained its momentum in delivering stronger competition enforcement and in pursuing its mandate to prohibit anti-competitive agreements, abuses of market dominance, and anti-competitive mergers and acquisitions. © 2020 by the Philippine Competition Commission All rights reserved. Any part of this publication may be used and reproduced, provided proper acknowledgment is made. 2019 Annual Report: Keeping unfair competition in check Published by: Philippine Competition Commission 25F Vertis North Corporate Center 1 North Avenue, Quezon City 1105 Philippines
[email protected] www.facebook.com/CompetitionPH www.twitter.com/CompetitionPH www.phcc.gov.ph Printed in the Philippines Vision and Mission OUR ROLE Contents The Philippine Competition Commission (PCC) is an independent quasi-judicial body mandated to implement the national competition policy and enforce Republic Act No. 10667 or the Philippine Competition Act (PCA), which serves as the primary law in the Philippines for promoting and protecting market competition. The country has made significant strides in economic growth over the past few years. Amid this positive momentum, the challenge of attaining sustained and inclusive development, where no one is left behind, remains.