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2021 Annual Report: Making Competition Policy Work for Economic Recovery

/ 2021 Annual Report: Making Competition Policy Work for Economic Recovery

2021 Annual Report: Making Competition Policy Work for Economic Recovery

In 2021, the COVID-19 vaccine provided countries an opportunity to gradually restart their economies. However, the road to recovery has been hampered by various challenges, among them, the emergence of new COVID-19 variants and the occurrence of natural disasters.

In response to the rapidly evolving threats to health and economic recovery, the Philippine Competition Commission recalibrated its strategies to ensure that it remained responsive to pressing needs while fulfilling its mandate of protecting and promoting market competition. It significantly allotted more resources to competition enforcement, creating specialized divisions to handle cases of cartels and abuses of dominance. The agency intensified its monitoring of priority markets and provided competition-related inputs to economic relief bills, among others. It continued mainstreaming competition through strategic partnerships and through an advocacy and capacity-building program that harnesses the power of digital technologies to reach, educate, and engage more stakeholders.

1678086660_Annual-Report-2021.pdf

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