Practice question
An analyst draws one geographic market around a corporate service territory despite evidence of homogeneous competition across its edge and major access restrictions inside it. Which correction best follows Sections 4(k) and 24?
- Corporate territory always controls
- Economic conditions are irrelevant
- Boundaries should follow competitive homogeneity and practical substitution evidence rather than the company’s administrative map alone
- Every city must be a separate market
- All services nationwide must be one market
Legal references
- RA 10667, Philippine Competition Act, Sections 4, 14-15 and 24-27: https://lawphil.net/statutes/repacts/ra2015/ra_10667_2015.html
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