The acquisitions involve energy giants Meralco PowerGen Corp. and Therma Natgas Power Inc. .In a letter to the Philippine Competition Commission -Mergers and Acquisitions Office , Romeo Junia voiced concern that these high-stakes deals—impacting South Premier Power Corp., Excellent Energy, Inc., and Ilijan Primeline Industrial Estate—may have been pushed forward without adequate public participation or scrutiny.Junia also flagged a related proposal involving Linseed Field Corp.
'As a consumer rights advocate, I am particularly concerned that the acquisitions may be considered approved without participation of the public,' said Junia, who had been involved as an intervenor in cases filed at the Energy Regulatory Commission related to power rates.He urged the PCC to release non-confidential records of the proceedings, as required under its merger rules, to ensure public accountability.