Constitutional and legal basis
- Sections 13 and 19, Article XII of the 1987 Constitution direct the State to pursue a trade policy that serves the general welfare and to regulate or prohibit monopolies when the public interest so requires.
- The President relies on Executive Order (EO) No. 45 (s. 2011), which designates the Department of Justice (DOJ) as the Competition Authority.
- EO No. 45 (s. 2011) creates the Office for Competition within the Department of Justice to carry out the Competition Authority’s duties and responsibilities.
Policy rationale and intended purpose
- The proclamation advances the benefits of competitive markets for citizens.
- The proclamation highlights the harmful effects of anti-competitive practices on citizens.
- The proclamation aligns Philippine observance with a global effort by joining colleagues in the global competition network in the observance of World Competition Day.
Date and national observance
- National Competition Day is observed on 5 December of every year.
- The proclamation expressly frames the observance as part of the worldwide observance of World Competition Day.
- The proclamation ties observance to the specific annual date: 5 December.
Responsible government office and duties
- The DOJ-Office for Competition must plan and implement appropriate activities and/or ceremonies for observance of National Competition Day.
- The planning and implementation duty is assigned to the DOJ-Office for Competition as the designated competition-related office within the DOJ.
Formalities and sign-off
- The proclamation is signed by BENIGNO S. AQUINO III as President of the Philippines.
- The proclamation is attested by PAQUITO N. OCHOA, JR., Executive Secretary.
- The proclamation is issued with the seal of the Republic of the Philippines affixed.