Antitrust watchdog Philippine Competition Commission said Thursday it has issued guidelines outlining its approach in assessing potential competition concerns arising from mergers and acquisitions.In a statement, the PCC said it approved, on May 9, 2024, the Guidelines on Merger Remedies.The guidelines contain the antitrust body’s approach on the design, selection, and implementation of “merger remedies.
Remedies must be commensurate with the harm being addressed.The PCC said it may impose additional conditions as needed.The antitrust watcher said the merger remedies guidelines outline two main types of merger remedies, namely behavioral and structural. Behavioral remedies involve restrictions on certain business conduct of the merged firm post-transaction, while structural remedies may include divestiture or sale of assets.