MANILA, Philippines—Voting 9-6, the Supreme Court has reaffirmed its September 2020 ruling upholding the control ofMore Electric and Power Corporation (MORE) over the power distribution business in Iloilo City.
In an-18 page resolution made public Wednesday, the Court said “after a careful review of the arguments raised by PECO (Panay Electric Co., Inc.), the Court finds no reason to depart from its decision dated Sept. 15, 2020.”
The high court’s ruling last year has set aside the order issued by the Mandaluyong City Regional Trial Court and declaring Sections 10 and 17 of Republic Act No. 11212 (MORE’s franchise) as constitutional.
The said provisions give MOREthepowerso…
Keep on reading: SC reaffirms MORE’s power distribution control in Iloilo City