Restraint Trade News Today : Breaking News, Live Updates & Top Stories | Vimarsana

National Bureau of Investigation (NBI)(MANILA BULLETIN) Once arrested, the hoarders and price manipulators will be charged criminally based on last Monday’s directive of Justice Secretary Menardo I. Guevarra. NBI Deputy Director Ferdinand M. Lavin said in a text message on Friday, Feb. 12, the fielding of CRID agents, headed by Sixto O. Comia as division chief, was in line with Guevarra’s directive contained in a Department Order (DO). The DO directed the NBI  “to conduct an investigation and case build-up on alleged violations of Republic Act No. 7581, otherwise known as the Price Ac...

Justice Secretary Menardo Guevarra (Screenshot / RTVM / PCOO / MANILA BULLETIN)  In Department Order (DO) No. 029, Guevarra directed the NBI “to conduct an investigation and case build-up on alleged violations of Republic Act No. 7581, otherwise known as the Price Act, and Republic Act No. 3815, as amended, also known as the Revised Penal Code….” He said the NBI’s work would zero in “on Monopolies and Combinations in Restraint Trade, specifically on the existence and operation of certain groups allegedly manipulating the supply and price of pork and other basic foodstuff….” His...