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Philippine Competition Commission maintains ISO compliance and issues merger fines
The Philippine Competition Commission (PCC) has successfully completed its second surveillance audit under the third certification cycle, maintaining its ISO 9001:2015 compliance. The audit, conducted by TÜV Rheinland Philippines, Inc., verified the Commission’s adherence to quality management standards in competition policy formulation, regulatory enforcement, research, and information technology services. The PCC is scheduled to transition to ISO 9001:2026 standards during its fourth certification cycle in 2027.
Separately, the PCC has imposed administrative penalties totaling 5.8 million pesos on Pilipinas Enterprise Management Holdings, Inc. (PEMHI) and MERALCO PowerGen Corp. (MGen). The fine was issued for violating the Philippine Competition Act due to repeated failures to comply with mandatory reporting obligations related to a merger clearance. The violation involved the delayed submission of Comparative Retail Electricity Market reports. MGen has fully settled the fine, with proceeds remitted to the Bureau of the Treasury.
Entities
Bureau of the Treasury · MERALCO PowerGen Corp · Philippine Competition Commission · Pilipinas Enterprise Management Holdings, Inc. · TÜV Rheinland Philippines, Inc.