Competition body ties up with justice department | Inquirer Business

Competition body ties up with justice department

/ 05:15 AM June 11, 2018

The Philippine Competition Commission (PCC) has partnered with the Department of Justice (DOJ) to step up campaign against anticompetitive conduct and ensure enforcement of competition law.

Top officials of the PCC and and the DOJ signed a memorandum of agreement (MOA) on Friday night.

Competition Chair Arsenio Balisacan told reporters that the DOJ was an “important component” in the enforcement of the competition law.

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This is because the DOJ, led by former competition commissioner and now Justice Secretary Menardo Guevarra, handles the prosecution of criminal cases involving anticompetitive behavior, such as price fixing and cartel.

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Also, this partnership plays a role in PCC’s leniency program, which Balisacan said would give an “incentive” for whistle blowers to speak up.
The partnership with the DOJ will ensure that the department will grant whistle blowers with the same incentive that the PCC will give.
There would be a chance that “by coming forward, they would be given immunity or reduced penalty.”

“We have our leniency program. That, is of course, for administrative cases. For criminal cases, they (DOJ) also have a leniency program,” he said.

“But we have to make sure that these two [things] are in harmony. Part of this partnership is to ensure that is the case. For example, if we grant immunity, [then we can also expect that immunity will be granted by the other side], and vice versa,” he added.

Balisacan said that they were still finalizing the program, but he noted that it would hopefully be finished before the end of the year.

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TAGS: Business, Philippine Competition Commission (PCC)

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