Connect with us

Business and Economy

PCC to do market studies on 9 priority sectors

Published

on

The Philippine Competition Commission (PCC) would conduct market studies on nine priority sectors this year to identify competition concerns, PCC Commissioner Stella Luz Quimbo said Wednesday. (Photo by Alvin Chua/Flickr, CC BY 2.0)

The Philippine Competition Commission (PCC) would conduct market studies on nine priority sectors this year to identify competition concerns, PCC Commissioner Stella Luz Quimbo said Wednesday. (Photo by Alvin Chua/Flickr, CC BY 2.0)

MANILA — The Philippine Competition Commission (PCC) would conduct market studies on nine priority sectors this year to identify competition concerns, PCC Commissioner Stella Luz Quimbo said Wednesday.

In a media briefing, Quimbo identified the sectors as rice, meat and poultry, pharmaceuticals, land transportation, air transportation, agricultural credit, digital commerce, retail, and telecommunications.

“We have priority sectors. Technically those sectors have (a) big impact on consumers,” she said.
She said the market studies aimed to provide the Commission an objective assessment of these nine priority sectors.

“The Commission will identify competition concerns and would prioritize those concerns and we (will) figure out how we proceed with those concerns. We can open a case or simply do advocacy,” Quimbo added.

The commissioner said that almost all the market studies would be bid out, while some would be undertaken by the Philippine Institute for Development Studies (PIDS).

Aside from these market studies, the PCC will also do market scoping on certain manufacturing sectors.

Meanwhile, PCC Commissioner Johannes Benjamin Bernabe clarified that the market study on the telecommunications sector was a separate exercise from the antitrust body’s review on the PHP70-billion transaction of PLDT Inc., Globe Telecom, and San Miguel Corp. (SMC).

“The market study would look into (the) entire telco industry. So you will be looking at voice telephony, will be looking at fixed broadband, internet services, mobile internet service provision. So the whole gamut of the services provided in the telecom industry,” Bernabe said.

“Obviously, in that context, you cannot avoid looking at critical aspects of telecom services,” he noted.

Moreover, Quimbo said the result of the market study might lead to opening a case or undertake advocacy towards sector regulators.

“For example, a competition concern on the market can be solved by the issuance of policy then we can approach government agency,” she added.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Lifestyle7 days ago

Never Settle For Less Than You Are

Before I became a mother, before I became a wife, before I became a business partner to my husband, I...

Lifestyle3 weeks ago

Celebrating My Womanhood

The month of March is all about celebrating women and what better way to celebrate it than by enjoying and...

Lifestyle1 month ago

Maria’s Funny Valentine With An Ex!

Maria in Vancouver can’t help but wonder: when will she ever flip her negative thoughts to positive thoughts when it...

Lifestyle2 months ago

The Tea on Vancouver’s Dating Scene

Before Maria in Vancouver met The Last One seven years ago and even long before she eventually married him (three...

Lifestyle3 months ago

How I Got My Groove Back

Life is not life if it’s just plain sailing! Real life is all about the ups and downs and most...

Lifestyle3 months ago

Upgrade Your Life in 2025

It’s a brand new year and a wonderful opportunity to become a brand new you! The word upgrade can mean...

Maria in Vancouver3 months ago

Fantabulous Christmas Party Ideas

It’s that special and merry time of the year when you get to have a wonderful excuse to celebrate amongst...

Lifestyle4 months ago

How To Do Christmas & Hanukkah This Year

Christmas 2024 is literally just around the corner! Here in Vancouver, we just finished celebrating Taylor Swift’s last leg of...

Lifestyle5 months ago

Nobody Wants This…IRL (In Real Life)

Just like everyone else who’s binged on Netflix series, “Nobody Wants This” — a romcom about a newly single rabbi...

Lifestyle5 months ago

Family Estrangement: Why It’s Okay

Family estrangement is the absence of a previously long-standing relationship between family members via emotional or physical distancing to the...