The document discusses competition policy and law in the Philippines. It notes that the Philippines currently lacks comprehensive competition legislation. Various existing laws relate to competition are spread across different sectors and agencies. Two bills aiming to establish a competition commission and penalize anti-competitive practices have been pending in Congress. The document argues that adopting ASEAN guidelines and passing comprehensive competition legislation will benefit the Philippines as it engages in more free trade agreements.

1. Lai-Lynn A. B. Barcenas T A Trade Advisory Services A STRONG COMPETITION POLICY FOR THE PHILIPPINES New Age FTAs: Is the Philippines Mature Enough? 10 February 2012 Dusit Thani Ballroom B Makati City

3. Period of Deregulation, Privatization and Liberalization 86 88 90 92 94 96 98 00 02 04 06 08 10 12 Foreign Investment Banking Foreign Banks Telecoms Civil Aviation Downstream Oil Retail Trade Electric Power Shipping Gradual Reduction of Tariffs and Import Restrictions (WTO, AFTA, APEC and other FTA commitments) A STRONG COMPETITION POLICY FOR THE PHILIPPINES

8. GDP PER CAPITA (CONSTANT 2000 US$) Source : World Development Indicators, World Bank A STRONG COMPETITION POLICY FOR THE PHILIPPINES

15. END OF PRESENTATION T H A N K Y O U ! T A Trade Advisory Services 8 F Citibank Center, Paseo de Roxas Makati 1226 Philippines www.TAadvisors.net [email_address] A STRONG COMPETITION POLICY FOR THE PHILIPPINES