Practice question
Which merger agreements are prohibited by Section20 of the Philippine Competition Act?
- Those substantially preventing, restricting or lessening competition in the relevant market
- Every merger regardless of effect
- Only mergers between profitable entities
- Only mergers using foreign currency
- Only mergers signed on a weekend
Legal references
- RA10667, Section20: https://lawphil.net/statutes/repacts/ra2015/ra_10667_2015.html
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