Cambodia, Philippines discusses competition law

Cambodia, Philippines discusses competition law

 

The Competition Commission of Cambodia (CCC) and the Philippine Competition Commission (PCC) have discussed methods and means to expand cooperation to benefit the enforcement of competition law.

Commerce minister and CCC chairman Pan Sorasak led a delegation on a March 23-24 study visit to the PCC office in Quezon City, Philippines, at the invitation of PCC chairperson Michael Galicia Aguinaldo, according to the ministry’s March 24 press release.

“Through the GIZ-assisted project ‘Promotion of Competitiveness within the Framework of the Initiative for ASEAN Integration’ (COMPETE) phase II, the visit aimed to assist the CCC in acquiring a better understanding of the institutional set-up and best practices of PCC, particularly regarding the enforcement of competition law. It will also enhance bilateral cooperation between the CCC/CCF and the PCC,” it said.

“Sorasak highlighted the challenges of the nascent stage of regulations, including the building of credibility, and the benefits of turning to the best practices through the implementation of the “ASEAN Helps ASEAN” approach. They also discussed the various elements that contribute to a robust competitive regime,” it added.

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Author: Sok Raksa

Source: The Phnom Penh Post

Publication: 26 March 2023