Can I read PLDT Foreign Ownership Violation Case on EtoBox?

PLDT Foreign Ownership Violation Case by Manila City Jail Court Verifier Male Dorm is a document available to read on EtoBox.

What is PLDT Foreign Ownership Violation Case about?

The case Gamboa v Teves et al. addresses the issue of foreign ownership in PLDT, where the petitioner argues that an indirect sale of shares increased foreign ownership to 81.47%, violating the 60-40 ownership requirement for public utilities as stated in the 1987 Constitution. The ruling confirms that the Constitution mandates public utilities to be effectively controlled by Filipinos, emphasizing that beneficial ownership and voting rights are essential for compliance. The case establishes the Doctrine of

Author

Manila City Jail Court Verifier Male Dorm

Language

EN