PCC Public Advisory

 

System Maintenance Advisory: MAO E-Notification System

Please be advised that the MAO E-Notification System will undergo scheduled maintenance to implement system enhancements from 01 April to 06 April 2026. During this period, the system will be temporarily unavailable.

The last day for electronic submissions through the MAO E-Notification System will be on 31 March 2026 (5:00 PM).

If there are submissions due during the scheduled maintenance period, all concerned parties are advised to ensure the early submission of the necessary documents prior to the maintenance dates.

The enhanced MAO E-Notification System will resume normal operations on Tuesday, 07 April 2026.

For any questions or concerns, please contact the Mergers and Acquisitions Office via email at mergers@phcc.gov.ph or by telephone at +632 8771 9722 local 252.

Please be guided accordingly.

 

 

 

Advisory: LMS Rebranding to PCC eCLASS

In line with its rebranding efforts, PCC's Learning Management System (LMS), previously known as iCLP: Online Learning Hub on Competition Law and Policy, will now be called PCC eCLASS: Enhanced Competition Learning Activities Spaces.

Correspondingly, the platform’s domain name will be changed from iclp.phcc.gov.ph to eclass.phcc.gov.ph.

Please be advised that the LMS will be temporarily unavailable from March 27, 2026 (5:00 PM) to March 31, 2026 (11:59 PM) to facilitate this transition.

Beginning April 1, 2026, users may access PCC’s online courses through the new domain.

 

 

 

PCC Advisory: Trunkline Service Interruption

 

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/ Commission Decision No. 015-M-013/2018 Acquisition by Udenna Corporation of Shares in KGL Investment B.V.

Commission Decision No. 015-M-013/2018
Acquisition by Udenna Corporation of Shares in KGL Investment B.V.

 

ABSTRACT:

The Philippine Competition Commission (PCC) has approved the acquisition by Udenna Corporation (Udenna) of the entire outstanding capital stock of KGL Investment B.V. (KGLI-BV). KGLI-BV is a private limited liability company under KGL Investment Coöperatief UA, and is incorporated and existing under the laws of the Netherlands.

 

PCC found that the transaction does not result in substantial lessening of competition within the Philippine market because there are no existing horizontal overlaps or vertical relationships that exist between the parties.

 

The parties’ compliance comes after the PCC rendered the transaction void and imposed a P19.6-million fine on the parties for consummating the deal without clearance from the antitrust commission.

 

Under the Philippine Competition Act (PCA), the country’s anti-trust body is mandated to review mergers and acquisitions to ensure that these deals will not prejudice the interest of the consumers.

 

Under PCC Case No. M-2017-001 promulgated last February 15, the parties were found to have violated Section 17 of the Republic Act No. 10667 and Rule 4, Section 3(b)(4) of its Implementing Rules and Regulations. The PCC Mergers and Acquisitions Office (MAO) found that Udenna bought the entire shareholdings of KGLI-BV as signed by the two parties through a Share Purchase Agreement dated July 28, 2016, and the deal consummated as reflected in a Deed of Transfer dated August 19, 2016.

 

The parties then filed their notification on March 23 and entered the Phase 1 review on April 5. The firms also paid the fine on April 19 at the National Treasury as part of the compliance order.

 

Udenna, a holding company and parent entity, is engaged in diverse business interests including distribute on and retail of refined petroleum products and lubricants, tankering and inter-island transport of petroleum products and other bulk products, ship management, operation of oil depots and storage facilities, operation of an industrial park, real estate or property development, and waste management and environmental services through its subsidiaries.

 

KGLI-BV is a holding company maintaining a single investment portfolio in the Philippines, which is the minority interest in KGLI-NM Holdings, Inc. (KGLI-NM). KGLI-NM’s subsidiary is Negros Navigation Co., Inc. (NENACO) which in turns owns 2Go Group, Inc. (2Go). NENACO and 2Go are domestic corporations with businesses in shipping and logistics. KGLI-BV has a minor effective ownership in NENACO and 2Go.

 

Post-Transaction, Udenna will own 100% of the KGLI-BV.

1678156227_COMMISSION-DECISION-No.-015-M-013-2018-Udenna-KGLI-BV-SIGNED.pdf

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