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Price adjustments are also slightly different from price-matching policies. Price matching is the practice of a retailer offering a refund of the difference between their higher price of an item and a competing retailer's lower price for the same item. Price adjustments only compare different prices at the same retailer over time.
The Philippine Competition Act was passed in 2015 after being stuck in Congress for 24 years. The Act is expected to improve consumer protection and help accelerate investment and job creation in the country, consistent with the goal of the national government in fostering an inclusive form of economic growth. [3]
The commission promotes investor protection in the Philippines as part of its mandate. An agency under the Department of Finance, the SEC is headquartered at 7907 Makati Avenue, Barangay Bel-Air, Makati. It has ten extension offices located in Baguio, Tarlac, Legazpi, Iloilo, Bacolod, Cebu, Tacloban, Cagayan de Oro, Davao, and Zamboanga.
Price protection means that, if you buy an item and then see it advertised at a lower price within a specified period, you can put in a claim with your card issuer to reimburse you for the ...
An Irrevocable Fee Protection Agreement (IFPA) is generally applied to an over-the-counter commodity transaction. It is an irrevocable and binding legal agreement between a buyer, a seller and a business broker .
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 National Economic Protectionism Association (NEPA) is the oldest local non-government organization in the Philippines having been established in 1934. The non-government organization was established by Filipino industrialists with the intention of protecting domestic industries, owned by Filipinos, against dominion by foreign interests and competition.
The Philippine Dealing & Exchange Corp. (PDEx) is a dealing exchange for major banks in the Philippines. The primary exchange of the country for all sectors is the Philippine Stock Exchange . PDEx is licensed by the Securities and Exchange Commission (SEC) as an Exchange under the provisions of the Securities Regulation Code (SRC).