THE P1-billion minimum value for mergers and acquisitions (M&A) is “too small” to be placed under a transaction review, according to the Philippine Competition Commission (PCC) and National Competitiveness Council of the Philippines (NCC).
“We’re a P13-trillion economy. The P1 billion [threshold] is quite small,” Arsenio Balisacan, PCC chairman, said during a forum by the Economic Journalist Association of the Philippines (EJAP) on Monday.
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