Competition Policy: Key Pillar for Inclusive Growth

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“We are forging a system of fairness… where true competition leads to opportunity and widespread progress,” declared President Benigno S. Aquino III in his State of the Nation Address on July 28, 2014. Four years earlier, in his first SONA, he had articulated government’s policy on competition: “Our Constitution mandates government to ensure that the market is fair for all—no monopolies, no cartels that kill competition. We need an Anti-Trust Law that will give life to these principles, and give small- and medium-scale enterprises the chance to participate in the growth of our economy”…