2019 Annual Report: Keeping Unfair Competition in Check
The persistence of anti-competitive policies and business practices poses a risk to the sustainability and inclusivity of economic growth. Effective enforcement of competition law and policy is thus essential to the country’s long-term development agenda. To instill discipline in the markets, PCC has flexed its enforcement muscle: it decided on its first abuse of dominance case, issued its first merger prohibition, and imposed hefty fines on competition law violators. As it matures as a competition authority, PCC has sustained its momentum in delivering stronger competition enforcement and in pursuing its mandate to prohibit anti-competitive agreements, abuses of market dominance, and anti-competitive mergers and acquisitions.
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