NO&T Asia Legal Review
Background
The Philippine Competition Commission (“PCC”) has issued Guidelines on Notification of Joint Ventures (“Guidelines”) last September 2018 to assist parties in assessing whether a proposed transaction should be notified as a joint venture under the Implementing Rules and Regulations (“Rules”) of the Philippine Competition Act.
The Guidelines, which applies to all joint ventures between public or private entities, aim to supplement the PCC’s 2017 Merger Review Guidelines and 2018 Guidelines on Merger Notification Threshold.
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