pcc – Thinking Port

NHMFC, eight insurers flagged over MRI deals

February 4, 2020 admin corporate news, insurance, insurance companies, mortgage redemption, mortgage redemption insurance, mri, national home mortgage finance corp., nhmfc, pcc, Philippine Competition Commission

Credit to Author: Jordeene B. Lagare| Date: Tue, 04 Feb 2020 15:00:29 +0000

THE Philippine Competition Commission (PCC) on Tuesday raised anticompetition concerns over the imposition of exclusive life insurance by the National Home Mortgage Finance Corp. (NHMFC) and several insurance companies on their account holders. In a statement, the antitrust agency said its Enforcement Office charged the NHMFC and eight insurers for signing agreements on providing mortgage redemption […]

Manila News Philippines

PCC hopes for competition policy issuance by 2020

December 12, 2019 admin Arsenio Balisacan, Business, pcc, Philippine Competition Commission

Credit to Author: Jordeene B. Lagare| Date: Thu, 12 Dec 2019 14:00:20 +0000

THE Philippine Competition Commission (PCC) is hoping that President Rodrigo Duterte will issue a policy aimed at bolstering fair market competition in the country by next year, its top official said on Wednesday. “Hopefully that it will be endorsed soon. We don’t know if it will be tabled again… That’s where we are. Hopefully we’re getting […]