Philippines weighs risks of power cooperatives reforms, competition safeguards
( May 13, 2026, 04:07 GMT | Official Statement) -- MLex Summary: The Philippine Competition Commission and the National Electrification Administration have discussed regulatory reforms in the electricity distribution sector, including proposals to reshape the ownership structure of electric cooperatives as their legislative franchises near expiry. The PCC warned that without properly designed competitive selection processes, ownership changes could increase market concentration and vertical integration risks. Discussions also focused on safeguards under Presidential Decree No. 269 requiring majority member-consumer approval for major asset transfers, alongside measures to protect underserved and high-cost areas from franchise creep and service stranding.Statement follows....
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