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Philippines: PLDT wants gag order on the Competition Commission

By  |  October 12, 2016

Philippine Long Distance Telephone wants a gag order against the Philippine Competition Commission in relation with the company’s antitrust body review of San Miguel Corp’s Telco assets.

“Due to the sensitive nature of the acquisition, and the high public interest in this case, PLDT is concerned of the possible prejudices and influences that may seep into this Honorable Court’s deliberation,” PLDT said in its motion filed before the 12th division of the Court of Appeals.

This came after the PCC said that PLDT and Globe’s joint buyout of SMC’s Telco unit was a prelude to more ‘cartel-like behavior.’

Last July, PLDT and Globe Telecom asked the court appeals to stop the government’s anti-trust watchdog from reviewing their acquisition of San Miguel’s telecommunications business.

Full Content: Manila Bulletin

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