The Philippine Competition Commission said it will continue to strictly monitor sectors that are prone to or might be exercising anti-competitive activities amid the health crisis.
Several sectors and industries that thrived during the pandemic were included in the PCC’s monitoring list.
“In 2021, our initiatives focus on e-commerce, health and pharmaceuticals, insurance, logistics and shipping, energy and electricity, water supply and distribution, real estate, and food”• essential sectors that have become even more relevant due to the ongoing pandemic,” said PCC chairman Arsenio Balisacan in a webinar organized by the European Chamber of Commerce of the Philippines.
“The commission is keeping its eyes trained on particular sectors that hold strategic value, focusing our enforcement and advocacy resources on them. We identify these sectors based on a careful and strategic assessment of their impact on consumers, the probability of enforcement success, and legislative priorities,” he said.