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Section 18. Effect of Notification - Philippine Competition Act

Section 18. Effect of Notification of Philippine Competition Act. Section 18. Effect of Notification. - If within the relevant periods stipulated in the preceding section, the Commission determines that such agr

  • Subjects 9 Bar syllabus groups
  • Codals 48 Primary legal sources

Philippine Competition Act

Section 18. Effect of Notification. - If within the relevant periods stipulated in the preceding section, the Commission determines that such agreement is prohibited under Section 20 and does not qualify for exemption under Section 21 of this Chapter, the Commission may:

(a) Prohibit the implementation of the agreement;

(b) Prohibit the implementation of the agreement unless and until it is modified by changes specified by the Commission.

(c) Prohibit the implementation of the agreement unless and until the pertinent party or parties enter into legally enforceable agreements specified by the Commission.

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