Practice question
A foreign private investor proposes to own sixty percent of a telecommunications company operating critical infrastructure. Its country affords no reciprocity under RA 11659, and no other exception is claimed. Does removal of telecommunications from the enumerated public-utility category alone establish that the proposal is unrestricted?
- Yes, public-service regulation vanished entirely.
- No; the separate critical-infrastructure reciprocity rule bars foreign ownership above fifty percent on these facts.
- Yes, the Act expressly exempts telecommunications from critical infrastructure.
- Yes, every nonutility is exempt from all nationality-related statutes.
- No; because the Constitution categorically requires one hundred percent Filipino ownership of all telecommunications.
Legal references
- RA 11659, Sections 3(e) and 25, critical infrastructure and reciprocity: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/94539
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