Mergers and acquisitions (M&As) worth over P1 billion will have to be brought to the attention of the newly-created Philippine Competition Commission (PCC) as part of the regulatory approval process.
Memorandum Circular 16-001 reiterates the transaction value threshold for M&As required to submit a “compulsory notification” under Republic Act (RA) 10667 or the Philippine Competition Act of 2015.
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