The prospect of a 3rd participant gave consumers desire for a higher and greater value-pleasant service, either by using the new participant or because of the ability opposition via extra industry players.
Stopping the antitrust fee from reviewing the transaction and allowing the deal to proceed frustrates the hope for any new players, the JFC cited.
“It is unfortunate that the CA decision talks best of the rights of PLDT and Globe and their falling inventory prices, however misses how the transaction influences the broader public hobby,” the JFC said.
The CA has ordered PLDT to post a P1-million bond to reply for damages that the PCC would possibly go through in case PLDT isn’t always entitled to the injunctive alleviation.
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