THE Philippine Competition Commission (PCC), noting potential issues, has decided to conduct a deeper review of GCash parent firm Globe Fintech Innovations, Inc.'s plan to take full ownership of Electronic Commerce Payments Inc. (ECPay).
In a statement on Friday, the PCC said that it had started a Phase II review of Globe Fintech's move to acquire 100 percent of ECPay, ownership of which is currently shared with Payment One Inc.
