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ENERGY REGULATORY COMMISSION

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ERC Inks Partnership Deal with PCC



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5 August 2019 MOA Signing Between ERC and PCC – The Energy Regulatory Commission (ERC) headed by Chairperson and CEO Agnes VST Devanadera (2nd from left) signed the Memorandum of Agreement (MOA) with the Philippine Competition Commission (PCC) headed by Chairman Arsenio M. Balisacan. Witnessing the MOA signing are: ERC Commissioner Josefina Patricia M. Asirit (leftmost), PCC Commissioner Johannes R. Bernabe (rightmost), ERC Commissioner Alexis M. Lumbatan (standing, leftmost), ERC Commissioner Catherine P. Maceda (standing, center), and PCC Commissioner Macario R. De Claro, Jr. (standing, rightmost). .



     The Energy Regulatory Commission (ERC) sealed a partnership deal with the Philippine Competition Commission (PCC) on 5 August 2019 through the signing of a Memorandum of Agreement (MOA) that spells out the working relationship between the two agencies.  The MOA delineates their respective roles in the investigation and review of unfair business conduct, abuse of dominant position, and anti-competitive transactions involving the electric power industry.  

    The ERC and the PCC, under the cooperation agreement, specified mechanisms that will enable both of them to collaborate in order to fulfill their respective mandates through sharing of information and the conduct of joint fact-finding inquiries pertinent to competition matters within the electric power industry.  The parties also agreed to organize joint capacity-building activities to enhance collaborative efforts and facilitate the successful implementation of the MOA.    

    “The partnership with the Philippine Competition Commission (PCC) provides greater assurance to the Filipino consumers that aside from being safeguarded against anti-competitive behavior of electric industry players, they will be able to reap the rewards of a truly competitive electricity market in the form of lower electricity rates and better service,”  ERC Chairperson and CEO Devanadera said.



 

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