ERC wary of Ang-Lopez energy deal

MANILA, Philippines — Regulators are ready to look into the impact of billionaire Ramon Ang’s acquisition of a stake in Lopez Inc. on competition in the power market, given both parties’ massive influence in the sector. Energy Regulatory Commission (ERC) chair Francis Saturnino Juan said they do not have the details of the deal yet to [&hellip;]... Keep on reading: ERC wary of Ang-Lopez energy…