Anti-trust body closely watches PLDT’s full acquisition of Sky Cable for P6.75b

PCC noted that the previous acquisition plans involving PLDT and Sky Cable were rescinded in 2020 and 2022 for various reasons, including PLDT’s own assessment of possible overlaps with Sky Cable in their products and services.

The PCC reiterated its mandate, which is to evaluate the effect of acquisitions in relevant markets and its effects on consumers, whether the transaction will result in fewer choices and lesser competition.

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