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                    [ArticleID] => 96202
                    [Title] => Lopez Group open to compromise on cross-ownership in power sector
                    [Summary] => The Lopez Group of Companies is open to compromise on the issues of cross-ownership and stranded cost recovery under the proposed Power Sector Restructuring Program now pending in Congress, a ranking company official said yesterday.


"We are open to compromise in cross-ownership and stranded cost as long as this will not affect the viability of the company and will result to future monopolies in the long-term. We want a level playing field," Manila Electric Co (Meralco) board member and overall strategist of the Lopez Group Christian Monsod said.


                    [DatePublished] => 2001-02-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
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ETTA ROSALES AND CONSUMERS OIL PRICE WATCH

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                    [ArticleID] => 96202
                    [Title] => Lopez Group open to compromise on cross-ownership in power sector
                    [Summary] => The Lopez Group of Companies is open to compromise on the issues of cross-ownership and stranded cost recovery under the proposed Power Sector Restructuring Program now pending in Congress, a ranking company official said yesterday.


"We are open to compromise in cross-ownership and stranded cost as long as this will not affect the viability of the company and will result to future monopolies in the long-term. We want a level playing field," Manila Electric Co (Meralco) board member and overall strategist of the Lopez Group Christian Monsod said.


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abtest

Lopez Group open to compromise on cross-ownership in power sector

By Donnabelle L. Gatdula | February 22, 2001 - 12:00am

The Lopez Group of Companies is open to compromise on the issues of cross-ownership and stranded cost recovery under the proposed Power Sector Restructuring Program now pending in Congress, a ranking company official...

Business