The Philippine Competition Commission (PCC) joins competition authorities worldwide in celebrating World Competition Day (WCD). With the theme “Artificial Intelligence, Consumers, and Competition Policy,” the 16th year of the WCD underscores both the opportunities and risks posed by AI, such as market concentration, algorithmic collusion, and consumer harms like bias and misinformation, while affirming the role of competition policy in safeguarding consumer welfare. Pursuant to Proclamation No.
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The Philippine Competition Commission has identified 3 red flags in determining which government contracts have been rigged to benefit preferred contractors. Atty. Caesar Jose Francisco, litigation division chief of the PCC Competition Enforcement Office, said the Department of Public Works and Highways has referred 12 government infrastructure contracts to the PCC to check for possible rigging. The contract prices range from P80 million to P300 million. | ABS-CBN News
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1.7K views · 23 reactions | 5 kontratista, inirekomendang kasuhan sa Philippine Competition Commission (PCC) dahil sa bid-rigging at bid-manipulation. Lisensya ng mga sangkot na engineers, pinapa-revoke rin sa Professional Regulation Commission | BOMBO RADYO PHILIPPINES | Facebook
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1.1K views · 17 reactions | PANOORIN | Ayon kay DPWH Sec. Vince Dizon, 12 kaso ang inihain nito sa Philippine Competition Commission laban sa anim na contractors na sangkot sa pagmamanipula ng mga bidding sa loob ng DPWH. Ayon sa kalihim, ₱2.3 bilyon ang tinatayang posibleng penalty na maaaring ipataw ng PCC sa paglabag kada proyekto. | via Merry Ann Bastasa #RP1News #RadyoPilipinas #RadyoPubliko #IntegratedStateMedia #ISM | Radyo Pilipinas | Facebook
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The second part of SECuring the Philippine Capital Market and Business Sector, a webinar series by the SEC Campaign Network, is coming soon. Join us at 1:00PM on 16 September 2020 via Facebook Live and learn how to start a micro, small and medium enterprise through a corporate vehicle. Sign up at https://forms.gle/DHJe3zbmpEXFKetD7 and make sure to accomplish the online evaluation form at the end of the webinar to receive an e-certificate. | Securities and Exchange Commission Philippines
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