Search results
Results from the WOW.Com Content Network
The government also extended military support to Alfonso Lim, with one of his companies enlisting 150 soldiers and 50 security guards. The Philippine Military trained draftees, and Lim paid for their salaries and provided their weapons. [2] Herminio Disini, a Marcos crony known for his tobacco monopoly, also had dealings with agriculture and ...
The Philippine Competition Commission is an independent, quasi-judicial body created to enforce the act. It is attached to the Office of the President of the Philippines. [6] Five commissioners were appointed to the Philippine Competition Commission and sworn in on January 27, 2015: [7] Michael G. Aguinaldo (Chairperson) Marah Victoria S. Querol
The Philippine Competition Act (PCA) or Republic Act No. 10667 is the primary competition law of the Philippines. It aims to promote and protect market competition in the country. It protects the well-being of consumers and preserves the efficiency of competition in the marketplace. [3]
This is why by law, a monopoly is defined as an entity which has significant market power, which includes the ability to charge extremely high prices and prevent the entry of competition.
Massive lending from commercial banks, accounting for about 62% percent of external debt, allowed the GDP of the Philippines to rise during martial law. [61] Much of the money was spent on pump-priming to improve infrastructure and promote tourism. However, despite the aggressive borrowing and spending policies, the Philippines lagged behind ...
Philippine Agricultural and Biosystems Engineering Act of 2016 2016-07-21: 10916: Road Speed Limiter Act of 2016 2016-07-21: 10917: Amending RA 9547 amendments to the Special Program for Employment of Students Actor RA 7323 2016-07-21: 10918: Philippine Pharmacy Act: Repealing the Pharmacy Act or RA 5921 2016-07-21: 10919
Historical Marker for the Abolition of Tobacco Monopoly Laoag City, Ilocos Norte. In 1780, the tobacco monopoly was established, and the Filipinos, especially in the Ilocos and Cagayan Valley were forced to plant tobaccos and were given a specific quota to produce. Initially, tobacco farmers were treated fairly, but in the end, they abhorred ...
The Board of the Philippines, large-format oil on canvas by Francisco Goya in 1815 (Goya Museum, Castres, France). The Royal Company of the Philippines (Spanish: Real Compañía de Filipinas) was a chartered company founded in 1785, directed to establish a monopoly on the Spanish Philippines and all surrounding trade. It weakened in importance ...