The Philippine Competition Commission signed an agreement with the Energy Regulatory Commission on Monday, completing the three-way partnership with the Department of Energy that will promote competition and proper coordination in investigations in the energy sector.
“Our MOA with ERC exhibits how the competition agency and sector regulators play complementary roles in promoting competition in the sector while fulfilling their respective mandates. Our partnership allows for the sharing of information and coordination of enforcement actions toward a more robust competition landscape in the energy sector,” said PCC chairperson Arsenio Balisacan in a statement.
The agreement with ERC comes a month following PCC’s separate agreement with the DoE, which also established collaborative mechanisms such as information sharing, investigation support, joint task forces and continued capacity building and consultations.