Enrile: Absence of anti-trust law frees PLDT-Digitel merger 04/18/2011

Enrile: Absence of anti-trust law frees PLDT-Digitel merger

04/18/2011
Dominant phone firm Philippine Long Distance Telephone Co. (PLDT) did not violate any law with the merger with competitor Digital Telecommunications Inc. (Digitel), owner of the mobile phone brand Sun Cellular because of the absence of an anti-trust law in the country, Senate President Juan Ponce Enrile yesterday said.

“We have an anti-trust law in the Revised Penal Code but it is a dead law,” Enrile explained. “Without a law, there’s no crime committed,” he added..... MORE

Source:  The Daily Tribune

URL: http://www.tribuneonline.org/headlines/20110418hed5.html