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2020 Annual Report: Upholding Market Competition Amid the Pandemic

/ 2020 Annual Report: Upholding Market Competition Amid the Pandemic

2020 Annual Report: Upholding Market Competition Amid the Pandemic

The COVID-19 pandemic has not only disrupted businesses but also heightened the risk of anti-competitive behavior that could further distort the level playing field for businesses and harm consumer welfare. Bearing this in mind, the PCC has remained vigilant in upholding its competition mandate amid the pandemic. It intensified competition enforcement by establishing an online consumer complaints system, investigating cartels, and reviewing all received merger transactions within the prescribed timelines. It ramped up advocacy and capacity-building initiatives for various stakeholders and strengthened partnerships with entities within and outside the country, including the business sector. It also completed market studies and policy research on select industries and sectors.

1678086717_Annual-Report-2020.pdf

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