#competition act internet philippines

10667, also known as the Philippine Competition Act. 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. In addition to the Philippine Competition Act, the President has also signed the Foreign Ships Co-Loading Act which will reduce logistics costs for producers, create a more efficient import and export system, and lead to lower prices for consumers. The Department of Information and Communications Technology (DICT) has released the implementing rules and regulations (IRR) for the Konektadong Pinoy (KP) Act, a move expected to make internet services cheaper, faster, and more accessible nationwide. DICT Secretary Henry Aguda said the government is targeting at least a 40% drop in internet prices by 2026, which could boost the Philippines’ ranking in ASEAN for internet affordability. The new rules aim to simplify permits, speed up registration, and encourage more competition among internet providers, including foreign companies already planning to enter the Philippine market. Read more in our articles including "Philippine Competition Act signed into law" and "DICT targets cheaper and faster internet with new KP Act Rules".