PCC clears DoubleDragon’s entry into grocery business via MerryMart

MANILA, Philippines — The Philippine Competition Commission (PCC) has approved DoubleDragon Corp.’s acquisition of a stake in MerryMart Consumer Corp., clearing the property developer’s entry into the grocery business. In a statement on Thursday, the antitrust watchdog said it approved DoubleDragon’s plan to acquire a 35-percent stake in MerryMart. This is a deal valued at