1. Have there been any recent developments regarding the Philippines merger control regime and are any updates/developments expected in the coming year? Are there any other ‘hot’ merger control issues in the Philippines? Notification thresholds Effective 1 March 2026, the Philippine Competition Commission (PCC) raised the thresholds for mandatory merger notifications in the Philippines from PHP 8.5bn to PHP 9.1bn for the turnover threshold and from PHP 3.5bn to PHP 3.8bn for the size of transaction threshold. These thresholds are described further in Question 4 below. Guidelines on Merger Remedies On 9 May 2024, the PCC approved the Guidelines on Merger Remedies (Guidelines), which describes PCC’s approach in assessing remedies for mergers and acquisitions that were found during review to likely result in substantial prevention, restriction, and lessening of competition (SLC) in identified relevant markets. The Guidelines discuss the design, selection, and implementation of merger remedies. Under the Guidelines, parties may proposed remedies for the PCC’s consideration at any stage of merger review. The proposed merger remedies must comply with the following general