PHILIPPINES
Luzón
Philippines
Mindoro Manila
Leyte Samar
Negros Panay
Palawan
Law and Practice Contributed by: Raoul Angangco, Sylvette Y. Tankiang, Kristin Charisse C. Siao and Ma. Carla Mapalo Villaraza & Angangco
Mindanao
Contents 1. Legislation and Enforcing Authorities p.468 1.1 Merger Control Legislation p.468 1.2 Legislation Relating to Particular Sectors p.468 1.3 Enforcement Authorities p.468
2. Jurisdiction p.469 2.1 Notification p.469 2.2 Failure to Notify p.469
2.3 Types of Transactions p.469 2.4 Definition of “Control” p.470 2.5 Jurisdictional Thresholds p.471 2.6 Calculations of Jurisdictional Thresholds p.471 2.7 Businesses/Corporate Entities Relevant for the Calculation of Jurisdictional Thresholds p.471 2.8 Foreign-to-Foreign Transactions p.472 2.9 Market Share Jurisdictional Threshold p.472 2.10 Joint Ventures p.472
2.11 Power of Authorities to Investigate a Transaction p.472 2.12 Requirement for Clearance Before Implementation p.473 2.13 Penalties for the Implementation of a Transaction Before Clearance p.473 2.14 Exceptions to Suspensive Effect p.473 2.15 Circumstances Where Implementation Before Clearance Is Permitted p.473 3. Procedure: Notification to Clearance p.474 3.1 Deadlines for Notification p.474 3.2 Type of Agreement Required Prior to Notification p.474 3.3 Filing Fees p.474 3.4 Parties Responsible for Filing p.474 3.5 Information Included in a Filing p.474 3.6 Penalties/Consequences of Incomplete Notification p.475 3.7 Penalties/Consequences of Inaccurate or Misleading Information p.475 3.8 Review Process p.475 3.9 Pre-Notification Discussions With Authorities p.476 3.10 Requests for Information During the Review Process p.476 3.11 Accelerated Procedure p.476
464 CHAMBERS.COM
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