Philippine Competition Act and IRR

ACCRALAW participated in the recently concluded conference attended by in-house counsels in the region. The Asian Legal Business In House Summit was held on 20 April 2017 at Grand Hyatt Hotel in Singapore. Stephen George S.D. Aquino gave a talk on the salient features of the Philippine Competition Act and its Implementing Rules and Regulations. He discussed the effect of this legislation on international transactions. In his talk, he highlighted the three main prohibited acts of entering into anti-competitive horizontal agreements; abuse of dominant position; and anti-competitive mergers and acquisitions.