The Philippine Competition Commission has cleared Ayala-led AC Logistics Holdings Corp.’s proposed acquisition of a controlling interest in Air 21 Holding Inc., pointing out that this does not substantially lessen competition in relevant markets in the logistics sector.
The Philippine Competition Commission has given Aboitiz-led Union Bank of the Philippines the green light to acquire the retail banking segment of Citigroup Inc. in the Philippines.
Aboitiz-led Union Bank of the Philippines’ planned acquisition of American banking giant Citigroup Inc.’s consumer banking business in the country has secured the go signal from the Philippine Competition Commission (PCC).
The Philippine Competition Commission (PCC) raised caution on manufacturers using compliance of their suggested retail price (SRP) as basis to supply or deny access to resellers stressing this may restrict competition and could be in violation of the competition law.
Philippine Competition Commis