Phillip of Macedon and his son, Alexander the great, erected the Phillipion at Olympia to commemorate their military victory over the Greeks.

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This statement is true. The Phillipion was a monument built by Phillip of Macedon and Alexander the Great to celebrate their victory over the Greek city-states at the Battle of Chaeronea in 338 BCE. It was located at Olympia, a site of great importance in ancient Greece for its association with the Olympic Games.

Phillip of Macedon and His Son, Alexander the Great, Erected