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Philippine Bar review · Question

Practice question: Prohibited Mergers and Acquisitions; Exemptions

Essay Hard

Practice question

An investor labels a share acquisition passive but uses it to exercise voting control. Explain why the investment-only proviso cannot be established by the label alone.

Legal references

  • Philippine Competition Act, RA 10667, Sections 3 and 20-23: https://lawphil.net/statutes/repacts/ra2015/ra_10667_2015.html

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