Philippine Competition Commission
The Philippine Competition Commission is a quasi-judicial body whose mandate is to enforce and implement the provisions of the Philippine Competition Act (Republic Act No. 10667),[1][2][3] which was signed into law by President Benigno S. Aquino III on July 21, 2015.[2][4]
It is intended to ensure efficient market competition and to level the playing field among businesses engaged in trade, industry, and all commercial economic activities.[2]
In January 2016, Arsenio Balisacan resigned from his post as Philippine Socioeconomic Planning Secretary and Director General of the National Economic and Development Authority to lead the Philippine Competition Commission.[2]
Composition
Upon its creation, five commissioners were appointed to the Philippine Competition Commission, sworn in on January 27, 2015:[5]
- Arsenio Balisacan (Chairperson)
- Stella Alabastro-Quimbo
- Johannes Bernabe
- Elcid Butuyan
- Menardo Guevarra
References
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