This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Philippine antitrust watchdog clears PSALM-Aboitiz hydro deal with safeguards

( January 9, 2026, 01:22 GMT | Official Statement) -- MLex Summary: The Philippine Competition Commission has cleared PSALM’s proposed sale of three Luzon hydroelectric power plants — Caliraya, Botocan and the Kalayaan Pumped Storage facility — to Cleanergy 9 Power of the Aboitiz Group, subject to binding voluntary commitments. The PCC said the safeguards address competition concerns in the Luzon ancillary-services spot market, where Aboitiz holds a leading position. Remedies include pricing and capacity commitments, timely filing of a tariff application for Kalayaan with the energy regulator, and the appointment of a senior compliance officer. The commitments apply until an Energy Regulatory Commission-approved tariff takes effect.Statement follows:...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login