Philippines: Closed PCC investigation into PTCI and Globe merger
Description
Closed PCC investigation into PTCI and Globe merger
On 5 January 2023, the Philippine Competition Commission (PCC) closed its investigation into the proposed acquisition by Phil-Tower Consortium Inc. (PTCI) of approximately 1,350 tower assets from Globe Telecom, Inc. (Globe). The transaction, execute…
Scope
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
infrastructure provider: internet and telecom services
Implementation Level
national
Government Branch
executive
Government Body
competition authority