The Act is expected to improve consumer protection and help accelerate investment and job creation in the country, consistent with the goal of the national government in fostering an inclusive form of economic growth.

Its main function is to act as the commission's deliverer of key corporate services in the areas of human resource management, procurement, information technology, and administration.

It leads the commission's advocacy efforts to foster a culture of competition in the country, providing sustained support to improve the institutional and technical capacity of other PCC units.

Its tasks are to identify areas of concern for the PCC, formulate strategies, execute programs, and create mechanisms to engage both its internal and external stakeholders.

It also collaborates with relevant business groups, consumer associations, and statutory bodies to enhance awareness and understanding of the Philippine Competition Act.

It likewise espouses Leniency and Whistleblower Programs as avenues for businesses and market stakeholders to self-police its ranks and report anti-competitive conduct.

Its task is to evaluate the impact of government policy on market competition and consumer welfare, and to provide economic analysis to support the detection and investigation of anti-competitive behavior.

It receives notifications of proposed mergers and acquisitions that reach the threshold under the Implementing Rules and Regulations of the Philippine Competition Act, as well as cases referred to it by the commission for a motu proprio review.

Should it find that a merger or acquisition is likely to reduce competition and harm consumers through higher prices, lower quality of goods or services, or stifle innovation, it will submit a recommendation to the commission for the prohibition of the proposed transaction.

[3] The chairperson and the Commissioners make up the decision-making panel of the commission,[3] and they work together in deciding on the different market competition issues that are under the jurisdiction of the PCC.

[3] The primary requirement for their appointment would be being distinguished professionally in public, civic or academic service in the fields of economics, law, finance, commerce or engineering.

[11] Appointed PCC Commissioners Stella Quimbo, Johannes Bernabe, Elcid Butuyan and Menardo Guevarra also took part in the said oathtaking ceremony.

Guevarra vacated his position after being appointed as Senior Deputy Executive Secretary under the Office of the President on June 30, 2016, and was replaced by Amabelle Asuncion.

[15] On June 30, 2022, Balisacan was appointed by President Bongbong Marcos to be the head of the National Economic and Development Authority thus vacating his position as chairman of the commission.

[3] They, along with the other staff members of the commission, are required to possess at least a bachelor's degree in economics, finance, business administration management, commerce, marketing, accounting, law, engineering.

[18] The Philippine Competition Act provides for the regulation of the country's markets to curtail anti-competitive behavior and punish cartels and other unfair monopolies.

[3] The law indicated the following violations: Other anti-competitive agreements whose "object or effect of substantially preventing, restricting or lessening competition" are also prohibited but subject to "rule of reason".

15 of RA 10667, the entities (whether companies or individuals) are prohibited from abusing their dominant position by engaging in conduct that would substantially prevent, restrict or lessen competition.

Such conduct includes predatory pricing, imposing barriers to entry in an anti-competitive manner, unfair exercise of monopsony power, among others Under Sec.

31 of RA 10667, the Commission shall have the sole and exclusive authority to conduct a preliminary inquiry after a verified party filed a complaint on the basis of probable cause.

The Commission may issue an order for the temporary termination of those certain acts by the respondent party after due notice and hearing and once the basis of facts and evidence are presented.

35 of RA 10667, the Leniency Program shall be developed to be awarded to any entity in the form of exemption from suit or reduction of any fine in exchange of voluntary disclosure of information with regards to anti-competitive activities before or during the preliminary inquiry provided:[3] Under Sec.

37 of RA 10667, the Commission shall encourage voluntary compliance with this Act and other competition laws by making available to parties the analogous non-adversarial administrative remedies.

45 of RA 10667, any person who suffers direct injury by reason of any violation of this Act may institute a separate and independent civil action after the commission has completed the preliminary inquiry.