The Philippine Competition Commission (PCC) said it signed a partnership with the Independent Electricity Market Operator of the Philippines, Inc. (IEMOP) to share data to help promote fair competition in the power industry, as reported by BusinessWorld.
In a statement on Wednesday, the PCC said it signed a memorandum of agreement (MoA) with the IEMOP on June 9. The data-sharing arrangement aims to enhance the monitoring of competition in the electricity sector, which the PCC has identified as a priority area for enforcement.
The partnership is expected to provide the PCC with better access to market data, enabling it to detect anti-competitive behavior and ensure a level playing field for participants in the power industry.