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NEW CHIEF. Philippine Competition Commission chairman Michael Aguinaldo answers question from the press in a briefing on Feb. 27, 2023. Aguinaldo is the second PCC chair since the Philippine Competition Act was enacted into law in 2015. National Economic and Development Authority Secretary Arsenio Balisacan was the first chair of the PCC. (Screenshot from Microsoft Teams) MANILA - The Philippine Competition Commission (PCC) is offering incentives to individuals with knowledge related to possible anti-competitive behavior amid the unusual surge in onion prices. In a press conference Monday, PCC chairman Michael Aguinaldo said the commission has leniency program that protects whistleblowers and offers cartel participants immunity from suit or reducing fines in exchange for "spilling the beans" about the conduct of anti-competitive behavior that put consumers at disadvantage. Aguinaldo admitted that the agency is facing some challenges in its investigation of possible cartel or

Michael aguinaldoPhilippine competition commissionNew chief philippine competition commission chairman michael aguinaldo answers question from the press ina briefing on feb 27023 aguinaldo is the second pcc chair since philippine competition act was enacted into law in 2015 national economic and development authority secretary arsenio balisacan first of screenshot from microsoft teams manila commission offering incentives to individuals with knowledge related possible anti competitive behavior amid unusual surge onion prices ina press conference mondayCc chairman michael aguinaldo said the commission has leniency program that protects whistleblowers and offers cartel participants immunity from suit or reducing fines in exchange for quot spilling beans about conduct of anti competitive behavior put consumers at disadvantage admitted agency is facing some challenges its investigation possible abuse dominance could be reason skyrocketing onion prices past months this what congress also been trying to look as well people who can spillUot he said aguinaldo the leniency program is not limited to whistleblowersUt companies can also voluntarily avail of the program as they want to correct their anti competitive behavior pcc 39s leniency aims help commission deter creation cartels and aid in detection or prosecution existing ones underHe government is incentivizing those currently or formerly cooperated with cartels who have vital information and evidence that are needed fora successful investigation of the case quot immunity from suit reduction fine will be granted to qualified entities for committing stop anti competitive conduct voluntary disclosure necessary prosecution remaining cartel membersUot the pcc said pna