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Philippine Bar review · Topic

Prohibited Mergers and Acquisitions; Exemptions

Explore Prohibited Mergers and Acquisitions; Exemptions in Review (RA 10667) for the Philippine Bar. Browse subtopics and published practice questions, then…

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Practice questions

  1. Which merger agreements are prohibited by Section20 of the Philippine Competition Act? Multiple Choice Easy
  2. Who bears the burden of establishing a Section21 merger exemption? Multiple Choice Easy
  3. Which is an express possible ground for exemption from a prohibited merger? Multiple Choice Easy
  4. A merging party is in actual financial failure. The parties invoke Section21(b) but admit a known feasible asset arrang… Multiple Choice Medium
  5. Parties seeking an efficiency exemption show that the same significant gains would be realized without their merger. Wh… Multiple Choice Medium
  6. Two major distributors propose combining in a market where the PCC finds a substantial lessening of competition. They c… Multiple Choice Hard
  7. An acquisition receives a favorable PCC ruling. It later emerges that the ruling was obtained through materially false … Multiple Choice Hard
  8. Distinguish exemption from the substantive merger prohibition from exemption from notification requirements. Essay Medium
  9. State the failing-entity exemption requirements under Section21(b). Essay Medium
  10. What must parties establish when relying on efficiency gains under Sections21(a) and22? Essay Medium
  11. Section 21’s investment-only proviso concerns an acquisition made solely for what purpose? Multiple Choice Easy
  12. For the investment-only proviso, is using the acquired shares to exercise control consistent with its stated conditions? Multiple Choice Easy