MANILA, Philippines — The Philippine Competition Commission (PCC) has given the green light to DoubleDragon Corp.’s entry into the grocery business after it cleared its purchase of shares in MerryMart Consumer Corp. In a statement on Thursday, the antitrust watchdog said it has approved DoubleDragon’s plan to purchase 35 percent of the shares of MerryMart, a P1.28-billion deal first announced in April last year. READ: DoubleDragon carts 35% of MerryMart for P1.28B Despite the transaction, the PCC said competition remains strong across the supply of commercial spaces and general warehouse facilities, as well as grocery stores and convenience stores. “Double Dragon […]... Keep on reading: PCC clears DoubleDragon’s purchase of 35% of MerryMart shares