ERC, PCC team up in probe of anti-competitive gencos

The Energy Regulatory Commission (ERC) and the Philippine Competition Commission (PCC) have teamed up to investigate alleged anti-competitive practices of generation companies (gencos) in light of the recent power shortage in Luzon.

ERC chairman and CEO Jose Vicente B. Salazar said both agencies would formalize the partnership soon to define specific roles in the investigation.

“The ERC will work hand in hand with the PCC to determine whether there was indeed market power abuse or anti-competitive or discriminatory acts committed by some generation companies or gencos during the recent forced outages,” he said.

Read more here.

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