Practice question
For the investment-only proviso, is using the acquired shares to exercise control consistent with its stated conditions?
- Always
- Only if shares are expensive
- Only if the company is foreign
- No; the proviso expressly requires nonuse for voting or exercising control
- Only if announced privately
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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