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Philippine Merger Control: 2024–2026 Developments, Control Test, Notification Thresholds, Foreign-to-Foreign Deals, Joint Ventures, PCC Procedure, Remedies Guidance, Standstill Obligations and Sanctions

Published by a LexisNexis Competition expert

Practice notes

1. Have there been any recent developments regarding the regime and are any updates/developments expected in the coming year? Are there any other ‘hot’ merger control issues in the Philippines?

Notification thresholds

From 1 March 2026, the Philippine Competition Commission (PCC) increased the compulsory merger notification thresholds in the Philippines to PHP 9.1bn for the turnover threshold and to PHP 3.8bn for the size of transaction threshold, up from PHP 8.5bn and PHP 3.5bn, respectively. Further details on these thresholds are set out in Question 4 below.

Guidelines on Merger Remedies

On 9 May 2024, the PCC adopted the Guidelines on Merger Remedies (Guidelines), which outline the PCC’s approach to assessing remedies for mergers and acquisitions that, during review, are considered likely to lead to a substantial prevention, restriction, or lessening of competition (SLC) in defined relevant markets. The Guidelines cover the design, choice, and implementation of merger remedies. Under the Guidelines, parties may submit proposed remedies for the PCC’s consideration at any stage of the merger review...

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Andrea Katipunan

C&G Law

Andrea is a partner of C&G Law and a key member of the firm’s General Corporate Practice Group, Energy, Construction & Infrastructure Sector Group, and TMT & Fintech Sector Group. Andrea has extensive experience on energy, construction and infrastructure matters, mergers & acquisitions and competition and antitrust. She regularly advises clients, particularly in the energy sector, on various mattes, e.g., purchase and sale of shares or assets, financing, construction of power plants and related facilities, and regulatory compliance. Andrea also has experience working abroad. In 2017, Andrea was seconded to the Competition and Trade department of Rajah & Tann Singapore LLP. In 2019, as part of a team of post-graduate students from the Master of Business Administration program of Instituto de Empresa, Andrea worked in South Africa for a socially oriented enterprise. Andrea was named an Up and Coming Lawyer for Projects,...

Web page updated on 21/05/2026

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