Competition Law
The Philippine Competition Commission has referred its initial findings on bid-rigging in Bulacan flood control projects to the Department of Justice for evaluation. The referral, made on November 14, involves several construction firms and DPWH officials suspected of colluding to manipulate bids. This step aims to address anti-competitive practices that undermine public procurement.
AI에 의해 보고됨
Chile's Tribunal de Defensa de la Libre Competencia (TDLC) fined Cadena Comercial Andina SpA, part of Grupo Oxxo, over $2.4 billion for providing false information when notifying its 2021 merger with Ok Market. The ruling accepts a request from the Fiscalía Nacional Económica (FNE) and emphasizes the need for accurate data in merger oversight. Oxxo stated it will consider appealing to the Supreme Court.