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SM malls case highlights how Philippine antitrust probes end with settlements

By Jet Damazo-Santos ( April 3, 2025, 05:19 GMT | Insight) -- When the Philippine antitrust agency first began investigating complaints that the country’s largest mall chain, SM Supermalls, was requiring its tenants to sell only its own brand of bottled water, it was bracing for a lengthy legal battle. After all, the company owns around 90 malls and is part of the country’s largest conglomerate, the SM Group. But the case ended almost as soon as it began: the company swiftly offered to settle.When the Philippine antitrust agency first began investigating complaints that the country’s largest mall chain, SM Supermalls, was requiring its tenants to sell only its own brand of bottled water, it was bracing for a lengthy legal battle....

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