Progress

Current status
in force
13 May 2025 in force
08 Dec 2024 processing consultation
22 Nov 2024 in consultation
19 Sep 2024 under deliberation

Scope

Implementers
Philippines
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
competition authority
Implementation Level
national

Timeline of events

13 May 2025
in force

PCC ruled on investigation into Globe Fintech Innovations (Mynt)'s acquisition of Electronic Commerce Payments (ECPay)

On 13 May 2025, the Philippine Competition Commission (PCC) ruled on its investigation into Globe Fintech Innovations (Mynt)'s acquisition of Electronic Commerce Payments (ECPay). The PCC approved the merger subject to a set of binding voluntary com…

Source
Event type investigation
Action type ruling
Government branch executive
Government body competition authority
08 Dec 2024
processing consultation

Closed consultation on Competition Commission investigation into Mynt's acquisition of ECPay

On 8 December 2024, the Competition Commission (PCC) closes the consultation on the acquisition of Electronic Commerce Payments Inc (ECPay) by Mynt. Mynt notified the PCC of the proposed transaction on 23 April 2024. The PCC Mergers and Acquisitions…

Source
Event type investigation
Action type consultation closed
Government branch executive
Government body competition authority
22 Nov 2024
in consultation

Opened consultation on Competition Commission investigation into Mynt's acquisition of ECPay

On 22 November 2024, the Competition Commission (PCC) opened a consultation on the acquisition of Electronic Commerce Payments Inc (ECPay) by Mynt, which closes on 8 December 2024. Mynt notified the PCC of the proposed transaction on 23 April 2024. …

Source
Event type investigation
Action type consultation opened
Government branch executive
Government body competition authority
19 Sep 2024
under deliberation

Announced Competition Commission investigation into Mynt's acquisition of ECPay

On 18 September 2024, the Competition Commission (PCC) opened an investigation into the acquisition of Electronic Commerce Payments Inc (ECPay) by Mynt. Mynt notified the PCC of the proposed transaction on 23 April 2024. The PCC Mergers and Acquisit…

Source
Event type investigation
Action type announcement
Government branch executive
Government body competition authority