The Philippines first appeared on the world map of concentration control systems with the passage of the Philippine Competition Act (PCA) on 21 July 2015. The CPA is a pioneering legislation that has put in place a comprehensive legal framework to promote competition, prohibit anti-competitive agreements, abuse of dominance and anti-competitive mergers and acquisitions. The CPA is the most important legislation for the definition of the CCP and Philippine national policy, which prohibits anti-competitive agreements, abuse of dominance and anti-competitive mergers and acquisitions. When a binding pre-agreement provides for such successive transactions or parts acquisition, companies must inform companies on the basis of this interim agreement. In the absence of a binding interim agreement, notification must be made if the parties execute the agreement on the last transaction which, with previous transactions, meets the notification thresholds. (IRR, Section 3 (e) On the other hand, parties to a merger or takeover to be the subject of a mandatory declaration who are considering executing their final agreements during the Community quarantine period have a new 30-day period beginning at the end of the Community quarantine period in order to inform the CCP of their transaction. The CCP may accept the remedies proposed by the parties concerned, impose conditions that require the parties to change the terms of their agreement or refrain from conduct or practice determined as a precondition for approval of their merger. Parties that exceed the thresholds are required to transfer the CCP to Derers Erden within 30 days. Yes, yes. The CCP may impose corrective action against anti-competitive behaviour or agreements, including the ordering of a “sale” or an injunction to change its structure by divesting all or part of its activities, holdings, activities or assets. Incomplete notifications are not deemed to have been submitted and cannot end the 30-day period after the implementation of the final agreement in which they are submitted by the parties. Non-compliance with the application is considered unreported and suspends parties to sanctions for non-notification. The effect of granting the application is to extend by 60 days the period within which the agreement cannot be concluded.