Nominee

Policy Statement 18-01: On the Adjustment of the Threshold for Compulsory Notification of Mergers and Acquisitions

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In accordance with the Philippine Competition Act, its Implementing Rules and Regulations (IRR) set the Size of Transaction (SoT) and Size of Party/Person (SoP) thresholds at one (1) billion pesos. Upon review, the Philippine Competition Commission has deemed it reasonable to increase the values of the notification thresholds. Beginning on 20 March 2018, the SoT threshold will be increased to two (2) billion pesos, and the SoP threshold will be increased to five (5) billion pesos. In addition, beginning on 1 March 2019, and for every subsequent year, the notification thresholds will be indexed based on the official estimates by the Philippine Statistics Authority (PSA) of the nominal Gross Domestic Product (GDP) growth for the previous calendar year.