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In the Philippines, price fixing between or among competitors is likewise per se prohibited, as provided under Section 14(a)(1) of the PCA. Violation of this provision carries the penalty of fine and imprisonment.
When businesses act independently of the market by agreeing to fix prices, Here are some anti-competitive practices that can be harmful for consumers: Price Fixing Price Fixing Businesses agree to directly or indirectly fix purchase or selling price.
3 lip 2019 · When businesses subvert the market and agree to fix prices and restrict competition, they are engaging in anticompetitive behavior that often leads to higher prices for end-consumers or less incentive for businesses to innovate.
28 kwi 2021 · THE surging freight charges amid shortage of container vessels has triggered an investigation by the Philippine Competition Commission (PCC) on potential price-fixing among industry players.
In the Philippines, anti-competitive practices like price-fixing, predatory pricing, and bid rigging are prohibited. The government enforces laws to promote fair competition, protect consumers, and ensure a level playing field for businesses.
2 mar 2022 · The Philippine Competition Commission (PCC) raised caution on manufacturers using compliance of their suggested retail price (SRP) as basis to supply or deny access to resellers stressing this may restrict competition and could be in violation of the competition law.
16 sie 2021 · Price collusion, or price-fixing, is an anti-competitive practice wherein competing businesses agree to control the prices, which usually result in higher rates for the consumers. It is punishable by administrative fine and imprisonment according to the Philippine Competition Act.
