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Philippines: Antitrust agency probes cement sector

By  |  March 30, 2017

The Philippine Competition Commission yesterday confirmed that it was conducting a “full administrative investigation” on the cement industry since January, a probe that remained “nonadversarial” since no formal complaint had been filed against any specific industry player yet.

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    PCC Executive Director Gwen G. de Vera told reporters that they were trying to determine the specific violations of the competition law following a complaint made by a former trade official.

    “I would like to confirm that, for the cement case, PCC is already in full administrative investigation,” she said.

    This corrected a comment from PCC earlier this week saying that it was still in the process of a preliminary inquiry into the complaint instead of a full investigation.

    Full Content: Global Cement

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