THE head of the country’s anti-trust authority, the Philippine Competition Commission (PCC), said on Tuesday that transparency and accountability are crucial to ensuring that merger reviews will be smooth given that the country’s competition law is still in its infancy.

“The way to smooth merger reviews is paved with transparency and accountability. We must adhere to the law to avoid hefty fines and geared towards a culture of compliance,” PCC Chairman Arsenio Balisacan said in a statement.