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Agency’s Mandate and Functions

/ Agency’s Mandate and Functions

MANDATE AND FUNCTIONS

The Philippine Competition Commission (PCC) is a regulatory body mandated to implement the national competition policy, and enforce Republic Act No. 10667 or the Philippine Competition Act (PCA), which serves as the country’s primary competition law for promoting and protecting competitive markets.

Pursuant to Section 12 of the PCA, the PCC shall exercise the following powers and functions:

  • Conduct inquiry, investigate, hear and decide on cases involving any violation of the PCA and other existing competition laws;
  • Review proposed mergers and acquisitions and prohibit those that will substantially prevent, restrict, or lessen competition in relevant markets;
  • Monitor and undertake consultations with stakeholders and affected agencies to understand market behavior;
  • Conduct administrative proceedings, impose sanctions, fines or penalties for noncompliance or breach of the PCA and its implementing rules and regulations;
  • Issue subpoenas to require production of records and documents and personal appearances relative to the investigation of cases;
  • Undertake inspections relative to preservation of possible documentary evidence;
  • Issue structural remedies such as adjustment and divestiture orders;
  • Deputize any and all enforcement agencies of the government or enlist the aid and support of any private institution, corporation, entity or association, in the implementation of its powers and functions;
  • Monitor the imposition and enforcement of remedies ordered to entities proven to have entered an anti-competitive agreement or have abused its dominant position;
  • Issue advisory opinions and guidelines on competition matters;
  • Conduct, publish, and disseminate studies and reports on anti-competitive conduct and agreements;
  • Intervene or participate in administrative and regulatory proceedings related to PCA that are initiated by government agencies such as the Securities and Exchange Commission (SEC), Energy Regulatory Commission (ERC), and National Telecommunications Commission (NTC);
  • Assist the National Economic and Development Authority (NEDA) in the preparation and formulation of a national competition policy; and
  • Promote capacity building and the sharing of best practice with other competition-related bodies.