THE Energy Regulatory Commission (ERC) will review the market share limitations of Manila Electric Co. (Meralco), Aboitiz Power Corp. (AboitizPower), and San Miguel Global Power Holdings Corp. (San Miguel Global Power) following their joint acquisition of three power facilities and a liquefied natural gas (LNG) terminal, as approved by the Philippine Competition Commission (PCC).
In a media briefing on Monday, ERC officials said the regulator wants to look into the electricity price impact on the companies’ customers and whether the market limitations would be breached.
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