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SC affirms validity of profiteering penalty under Price Act philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
THE Supreme Court has affirmed the constitutionality of the provision penalizing profiteering under Republic Act No. 7581 or The Price Act. In a 24-page decision penned by Associate Justice Marvic Leonen, the Court en banc denied the petition of Gokongwei-owned Universal Robina Corporation (URC) seeking the reversal of the April… ....
President Marcos has appointed a commercial law expert and academic as commissioner of the Philippine Competition Commission, the agency tasked to promote fair market competition. ....