How Competition Act regulates antitrust

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1. Prohibited agreement “per se”

“Restricting competition as to price, or components thereof, or other terms of trade”

“Fixing price at an auction or in any form of bidding”

2. Prohibited agreement if intent is anticompetitive

Controlling production, investment or other aspects of markets

Dividing markets among competitors by geography, product
or along other lines

Other agreements “which have the object or effect of substantially preventing, restricting or lessening competition”

3. Prohibited abuse of dominant position

Below cost pricing intended to drive out competition

Anticompetitive barriers to entry

Tying or bundling products that are commercially unconnected

Unreasonable price discrimination

Anticompetitive restrictions on trade of goods or services

Making supply of goods dependent on the purchase of other goods which are commercially unconnected

Imposing low purchase prices for marginalized producers
such as farmers and fisherfolk

Imposing unfair prices on competitors

Anticompetitively limiting production, markets or technical development

4. Review of mergers and acquisitions

Competition Commission may review all mergers and acquisitions

Consummation of any merger above P1 billion prohibited until 30 days after the parties notify commission of transaction and its details

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