Quisumbing Torres

2 weeks ago | concurrences.com | Alvin Tan |Quisumbing Torres

In briefIn a press release dated 15 April 2025, the Philippine Competition Commission (PCC) increased the thresholds for mandatory notification of M&A transactions (i) from PHP 7.8 billion to PHP 8.5 billion for the size of person test, and (ii) from PHP 3.2 billion to PHP 3.5 billion for the size of transaction test. This marks the eighth adjustment to the thresholds since the Philippine Competition Act (PCA) was enacted in 2015. The new thresholds took effect on 1 March 2025. Notifications...