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Philippines
Friday, March 29, 2024

PCC files complaint vs. Greenfield Corp.

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The Philippine Competition Commission said Monday its enforcement office filed a case against a condominium developer in Mandaluyong City for allegedly limiting residents to use its in-house exclusive internet service provider and preventing the entry of competitors.

Greenfield Development Corp. and wholly-owned Leopard Connectivity Business Solutions Inc. face a case for abuse of dominance for supplying exclusive fixed-line internet to the residential units of Twin Oaks Place in Greenfield District.

“Abuse of dominance cases are evaluated with the end view of dismantling exploitative and exclusionary practices in business and ultimately empowering consumer choice. Under the Philippine Competition Act, an entity found to have abused its dominance in the market could face a fine of up to P110 million,”said PCC Chair Arsenio Balisacan.

Greenfield Corp. is the property developer of TOP and owner of Leopard Connectivity, with the latter managing the Twin Oaks Place Fiber Network that provides fixed-line internet in all Greenfield properties, including TOP.

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