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  2. Monopolies in the Philippines (1965–1986) - Wikipedia

    en.wikipedia.org/wiki/Monopolies_in_the...

    Benedicto controlled the market by using methods he practiced in Philex, such as: setting the composite price of crops for $0.113 per pound in 1980–81, despite the prevailing international market price set at a minimum of $.027. This meant that the industry received less than half of the market price, while NASUTRA gained the majority of profits.

  3. Philippine Competition Commission - Wikipedia

    en.wikipedia.org/wiki/Philippine_Competition...

    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]

  4. Philippine Competition Act - Wikipedia

    en.wikipedia.org/wiki/Philippine_Competition_Act

    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

  5. Government-granted monopoly - Wikipedia

    en.wikipedia.org/wiki/Government-granted_monopoly

    In economics, a government-granted monopoly (also called a "de jure monopoly" or "regulated monopoly") is a form of coercive monopoly by which a government grants exclusive privilege to a private individual or firm to be the sole provider of a good or service; potential competitors are excluded from the market by law, regulation, or other mechanisms of government enforcement.

  6. Economic history of the Philippines (1965–1986) - Wikipedia

    en.wikipedia.org/wiki/Economic_history_of_the...

    The Philippine economic nosedive of 1983 traces its roots to debt-driven growth, mostly during Marcos' second term and during the earliest years of martial law. [1] By 1982, the Philippines’ debt was at $24.4 billion, [1] but it had not seen much in terms of returns because of corruption and the poor management of the crony-monopolized ...

  7. Market failure - Wikipedia

    en.wikipedia.org/wiki/Market_failure

    Different economists have different views about what events are the sources of market failure. Mainstream economic analysis widely accepts that a market failure (relative to Pareto efficiency) can occur for three main reasons: if the market is "monopolised" or a small group of businesses hold significant market power, if production of the good or service results in an externality (external ...

  8. Essential facilities doctrine - Wikipedia

    en.wikipedia.org/wiki/Essential_facilities_doctrine

    It is quite difficult for a plaintiff to demonstrate that a particular facility is "essential" to entry into and/or competition within the relevant market. The plaintiff must demonstrate that the "facility" must be something so indispensable to entry or competition that it would be impossible for smaller firms to compete with the market leader.

  9. Cronies of Ferdinand Marcos - Wikipedia

    en.wikipedia.org/wiki/Cronies_of_Ferdinand_Marcos

    Enriquez was also able to gain contracts with Philippine Airlines through Roman Cruz. [40] Trinidad's son-in-law Rebecco Panlilio would later lead the construction of the largest tourism investment in the Philippines at that time, Puerto Azul, at the mouth of Manila Bay in Ternate, Cavite. The said resort expropriated more than 3,000 hectares ...

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