PHL Competition Commission issues IRR for Philippine Competition Act

June 3, 2016

The Philippine Competition Commission released today the Implementing Rules and Regulations (IRR) for Republic Act No. 10667 otherwise known as the "Philippine Competition Act."

The issuance of the IRR will render the law effective fifteen (15) days from the date of publication.

The law is considered as one of the oldest pending measures in Congress. It is intended to curtail unfair and anti-competitive trade practices and aims to level the playing field in doing business in the Philippines for both domestic and foreign companies.

For a copy of the circular, please click link below:

Implementing Rules and Regulations of R.A. No. 10667