Philippine Competition Commission | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-01-19

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Philippine_Competition_Commission


00:00:54 1 History
00:02:26 2 Importance of Competition
00:04:31 3 Organizational Structure
00:04:52 3.1 Administrative &amp; Legal Office (ALO)
00:05:15 3.2 Communication &amp; Knowledge Management Office (CKMO)
00:05:56 3.3 Competition Enforcement Office (CEO)
00:06:52 3.4 Economics Office (EO)
00:07:29 3.5 Finance, Planning, and Management Office (FPMO)
00:07:55 3.6 Mergers and Acquisitions Office (MAO)
00:09:01 4 Commission Members
00:11:14 4.1 Office Members
00:11:49 4.2 Current Officialssup&#91;14&#93;/sup
00:11:58 4.3 Former Officialssup&#91;13&#93;/sup
00:12:06 5 Provisions of the Philippine Competition Act
00:14:35 5.1 Abuse of Dominant Position
00:15:06 5.2 Mergers and Acquisitions
00:16:45 5.3 Fines and Penalties
00:17:45 5.4 Preliminary Inquiry
00:18:24 5.5 Relationship with Existing Sector Regulators
00:19:09 5.6 Confidentiality of Information
00:19:53 5.7 Leniency Program
00:20:42 5.8 Non-Adversarial Remedies
00:21:57 5.9 Appeals of the Decisions of the Commission
00:22:17 5.10 Indemnity
00:22:44 5.11 Jurisdiction of the Regional Trial Court
00:23:14 5.12 Private Action
00:23:37 5.13 Prohibition on the Issuance of Temporary Restraining Orders, Preliminary Injunctions and Preliminary Mandatory Injunctions
00:24:06 5.14 Congressional Oversight Committee



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SUMMARY
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The Philippine Competition Commission (PCC) is an independent, quasi-judicial body formed to implement the Philippine Competition Act (Republic Act No. 10667). The PCC aims to promote and maintain market competition within the Philippines by regulating anti-competition behavior. The main role of the PCC is to promote economic efficiency within the Philippine economy, ensuring fair and healthy market competition.The Philippine Competition Commission institutes a regulatory environment for market competition in order to protect consumers, whereby they are aimed to be given access to more options over what goods or services to patronize. It would also have the effect of creating competitive businesses that would encourage economic efficiency and innovation.The Philippine Competition Commission was formed in 27 January 2016. Since that time, the Philippine Competition Commission has formed offices through which they their mandate.