The Philippine Competition Act is finally done at the bicam level which means it’s up for signing by the President to be enacted as a law.
This is the longest running bill in Congress and the current landmark bill passed by the 16th Congress. It’s been around since the 8th Congress (1990s).
The Senate version, Senate Bill 2282, was sponsored by Sen. Paolo Benigno Aquino IV and unanimously approved (13-0) last December 2014.
The Philippine Competition Act will make sure that no business entity would have an unfair advantage over its competitors so that consumers would enjoy the benefits of a free market.
According to the office of Sen. Bam Aquino, the Philippine Competition Act will open the telco industry to new and/or international players among many other industries which has few big players.
In the case of our Internet industry, it will hopefully help in the entry of new players, and will then help us in having more choices, higher quality and cheaper prices for our Internet connection.
The law will penalize unfair practices such as:
* Directly or indirectly fixing, controlling or maintaining of prices
* Setting, limiting, or controlling the production of goods and services to the detriment of consumers
Many other industries will be affected, among them the SM Malls which have been doing a lot of anti-competitive practices (pushing Bonus brands over competitors).
Official statement of the Office of Sen. Bam Aquino is posted here.
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jjBoy says:
IF TRUE, I CANT WAIT FOR THIS TO TAKE EFFECT. THIS IS A RELIEF! Globe and Smart being a duopoly are not careful with their consumers anymore. They have been scheming and cheating their way to profits at our expense but we consumers are helpless to do anything about it…THIS IS SO FRUSTRATING! I hope this law is not a fraud.
bern says:
I have a presumption that telcos had been working very hard to veto everything here that committee has put forward to for fair competition act.
A lot of higher officials could have been bribed for just to head off this law into signing , in my opinion at least.
They know that younger generation can no longer live up with slow internet connection and everybody is addicted to internet, to say the least, so therefore they have taken advantage the situation by providing subscription base plans which eventually capped which leave users with no choice but to pay more.
Easy E says:
Sana nay Google effort sa bansa natin. Sana.
miko says:
tapos nyan ay bibilhin na naman ni smart alias pldt ang small successful new comers tulad nung nangyari kay sun cellular! sounds familiar ba? lol!
leypascua says:
This will not cause the telco industry to open up as quick as legislators see it to be. The only way to get more providers into the game is to force legacy operators (PLDT and Globe) to share their pipes with other ISPs as it is being done in Europe. This will make it more attractive for new players to come in as they don’t have to dig for new pipes just to get their copper (or fiber) to households.
Before DSL, we had a lot of prepaid ISPs that aren’t owned by legacy telcos. PLDT and Globe basically killed all competition by introducing proprietary DSL. The government has to stop this practice and force them to open up their pipes for a reasonable fee.
Leonard says:
In my opinion, there’s a hole in this bill, what if “company X” has innovated something that will definitely leave “company Y” far behind the competition? Is that already an unfair advantage? If this is the case, this bill will also stop companies from innovating further to lead in the competition. I’m not just talking about telecommunications here but other businesses as well. Not that I don’t like a third player for telecommunication, I’m actually waiting for this, it is good to have many choices but I’m just saying my opinion about what I think is the negative effect of this bill. I hope senators have thought this through.
Alligator Kap says:
There should be a special clause for the telcom industry. Better internet service to price ratio Is the only way to go. Can’t wait for international players to offer their services here. So we can see how incompetent globe and smart really are. Its a shame actually. Feels like these two have been hijacking us in broad daylight since nokia 5110.
Easy E says:
Sana binasa muna at inintindi ang bill bago nag react
ww says:
This is useless. Unfair market competition is a light-year far second cause of shitty services and products in our country. They should have broken the monopolies in telecom, jail the businessmen controlling the supposed to be free market.
Mr A says:
This bill isn’t enough for a new telco. Raising a new one requires a significant amount of capital. They also need to amend the ownership clause for foreign companies, or force telcos to open for Mobile virtual network operator agreements, with tight oversight from the NTC to make sure they (MVNO companies) are not being screwed over in favor of the parent network.
Same with ISP. I just don’t know the equivalent term for them.
JunJun says:
NOW THE END IS COMING FOR SMART AND GLOBE! BWAHAHAHAHA… nanginging na siguro tuhod nila! cant wait for this!
Shobz says:
And we can also crowdfund a new telco na may cheaper but quality service to help them rise!!! Shame to Smart/Pldt and Gl0be!!
jimbo222 says:
ok to.. para mawala monopoly
thursday says:
HOPE.
still, we’re not sure if this law will be implemented thoroughly. because under (sec. 5 Philippine Fair Competition Commission, “The Commission shall be composed of a Chairperson and four (4) Associate Commissioners.” It doesn’t matter kung mapipirmahan ito ng ni PNoy. Yung mga taong manunungkulan dito ang kailangang bigyan ng pansin. To make it short “sino sila?, mapapagkatiwalaan ba o isang suhol ka lng? bago ba ito sa systema ng ating gobyerno o daang matuwid na?
just another simple point of view.
benny says:
PLEASE PASS THE BILL ON THE REGISTRATION OF SIM CARDS SO THAT PRANK CALLERS IN THE MIDDLE OF THE NIGHT CAN BE TRACED.
Darkaiz says:
kung sakaling i share ng globe at pldt ang pipe nila for net sa bagong provider sabotage lng gagawin nung mga un so wala paring kwenta and if they dont ang nakikita ko lng na pwding kumalaban sa kanila is ung mga Satellite internet provider
like this http://www.groundcontrol.com/How_Does_Satellite_Internet_Work.htm
EarlZ says:
” Setting, limiting, or controlling the production of goods and services to the detriment of consumers”
Does this mean illegal na mag data cap once this becomes a law?
Well illegal naman yung ginagawa nila gayun offering ‘unlimited’ pero may technicalities.
Raymund says:
Hello Chinese businesses! Patay na naman tayo neto!
FuckYou PLDT says:
Babay Local Corrupt Telcos… And FUCK YOU SMART, PLDT and GLOBE!!!
True Stories says:
Hay nako nagpapauto nnmn kau sa kalokohan ng gov’t natin, future effect neto ay ” imomonopolize nila ang tech price ibig sabihin ay hawak ng govt ang price control, then magkakaron ng lagayan at dahil jan maapprove mabilis ang pag taas ng presyo sa lagayan at busog nnmn ang bulsa ni politicians. tpos ang sambayanan ay wala nang karapatang makapamili ng mababang presyo dahil regulated na ito ng bulok na sistema, by force wala tyong magagawa dahil gobyerna kuno na ang nag asikaso at nasa batas na, hndi kana pwedeng makapagreklamo dahil nga ito raw ay batas na. You can call me nega, but what i’ve learn in the Philippines is always expect the worst but still hope for the best, siguro yung best ay pano mo nlng buhayin ang saliri mo in your own way. IXY
butch says:
tagal na ng anti-trust law sa amerika dito sa pilipinas ngayon pa lang magkakaroon ng ganitong batas.
Delacruz Juan says:
Wow! an ingenius political brochure, politicians are evolving
robzzzsy says:
What about tuition fees on Schools and Universities, covered din ba?
denise says:
Kahit naman magkaroon ng iba pang telcos, inaacquire din ng dalawang telco giants dahil natatabunan din, kaya wala ding silbi kahit magkaroon pa ng mga bago. Look at what happened to Islacom and Red Mobile. Ang ABSCBN mobile is a mobile virtual network operator of Globe kaya same thing.