| Philippine Competition Act | |
|---|---|
 | |
| Congress of the Philippines | |
| |
| Citation | Republic Act 10667 |
| Territorial extent | Philippines |
| Enacted by | House of Representatives |
| Enacted by | Senate |
| Signed by | Benigno Aquino III |
| Signed | July 21, 2015 |
| Status: In force | |
The Philippine Competition Act, officially designated as Republic Act No. 10667, is a Philippine law that was signed into law by President Benigno Aquino III on July 21, 2015, and established the quasi-judicial Philippine Competition Commission to enforce the act.[1][2][3][4] The act is intended to ensure efficient and fair market competition among businesses engaged in trade, industry, and all commercial economic activities.[3] It prohibits anti-competitive agreements, abuses of dominant positions, and mergers and acquisitions that limit, prevent, and restrict competition.[5]
- ^ Viray, Patricia Lourdes (January 25, 2016). "NEDA chief to head new Philippine Competition Commission". The Philippine Star. Retrieved January 28, 2016.
- ^ Venzon, Cliff (January 26, 2016). "Aquino appoints new antitrust enforcer". Nikkei Asian Review. Nikkei Inc. Retrieved January 28, 2016.
- ^ a b "NEDA statement on Balisacan move to Competition Commission". BusinessWorld. BusinessWorld Publishing Corporation. January 25, 2016. Retrieved January 28, 2016.
- ^ "Republic Act No. 10667 - Philippine Competition Act". Official Gazette of the Republic of the Philippines. July 21, 2015. Retrieved January 28, 2016.
- ^ Schnabel, Chris (July 13, 2015). "What consumers need to know about the PH Competition Act". Rappler. Retrieved June 14, 2016.