The Philippine Competition Commission (PCC) has published a study examining the blocktiming practices in the free TV industry to assess the effects to competition of industry developments.
Under the deal, GCash-operator Mynt will acquire 100% of the issued and outstanding share capital of ECPay, making ECPay a wholly-owned subsidiary of Mynt.
The PCC said that after thorough assessment, it found that the transaction between Mitsui subsidiary Relia Inc. and KDDI subsidiary KDDI Evolva will not likely result in a substantial lessening, restriction, or prevention of competition in the relevant market.
Fiber broadband provider Converge ICT Solutions has forged an alliance with the Philippine Collegiate Championship (PCC), which is organized by the Central Collegiate for Esports (CCE), to elevate esports gaming lifestyles through education for the next generation of gamers.
Based on an initial assessment by the Philippine Competition Commission (PCC), Grab Philippines’ acquisition of its smaller rival Move It “likely did not breach” the thresholds for compulsory notification.
Dominant telcos Globe Telecom and Smart Communications are ready battle it out against upstart rival Dito Telecommunity at the Philippine Competition Commission (PCC) after the anti-trust agency said on Friday, Aug. 26, that it is opening an investigation based on the complaint filed by the Dennis Uy-owned operator.
ABS-CBN and TV5 have earlier announced that it was putting the deal on hold to address the issues raised by lawmakers and the NTC on the proposed investment by ABS-CBN for a minority interest in TV5.
The Philippine Competition Commission (PCC) strengthens its enforcement capacity through a partnership with the National Bureau of Investigation (NBI) and a project to develop its digital forensics capabilities.
In a statement on Tuesday, Aug. 8, Smart Communications vice president for regulatory affairs Roy Ibay said DITO’s complaint is diversionary tactic to escape liability on the fines imposed by the government for its fraudulent voice traffic.
DITO has filed a complaint before the Philippine Competition Commission (PCC) against Globe Telecom and Smart Communications for their alleged abuse of their market dominance through interconnection woes.