Philippine Bar review · Question

Practice question: Prohibited Mergers and Acquisitions; Exemptions

Multiple Choice Medium

Practice question

Parties seeking an efficiency exemption show that the same significant gains would be realized without their merger. What problem arises under Section22?
  1. They need no evidence
  2. Any claimed savings guarantee exemption
  3. Only the merger price matters
  4. Efficiency has no role in the Act
  5. They have not shown that significant gains would not be realized without the agreement

Legal references

  • RA10667, Section22: https://lawphil.net/statutes/repacts/ra2015/ra_10667_2015.html

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