The Philippine Competition Commission and the Independent Electricity Market Operator of the Philippines, Inc. have signed a memorandum of agreement to strengthen cooperation to promote fair competition in the country’s power sector.
Signed on June 9, the agreement establishes a framework for monitoring and addressing anti-competitive practices and other concerns covered by the Philippine Competition Act.
Under the partnership, IEMOP will provide market data and reports to support oversight efforts, while the PCC will offer technical guidance in identifying potential competition issues.
The two organizations will also conduct joint reviews of market information and capacity-building activities for personnel and participants in the wholesale electricity spot market.
Officials said the collaboration is expected to improve competition monitoring, enhance institutional efficiency, and help maintain a stable and competitive electricity market.
Source: PhilNews24 | June 15, 2026
PCC, IEMOP FORGE PARTNERSHIP TO STRENGTHEN COMPETITION IN POWER SECTOR
Latest from Business
The International Energy Agency (IEA) expects coal demand in the Philippines to remain stable this year
SM Offices and Visa have signed an expansion lease that will allow the digital payments company
The Philippine Ports Authority (PPA) is strengthening ports nationwide to make them more resilient against typhoons,
Security Bank Corporation remains optimistic about its growth prospects despite global economic uncertainty and the prolonged
The Philippine government launched the final draft of the Philippines AI+ Infrastructure Masterplan 2026–2033, a $34.4-billion