How does the State handle monopolies and combinations in restraint of trade?
The State acts as the primary regulator to maintain a fair and balanced economic environment. It is explicitly empowered to regulate or completely prohibit monopolies when the public interest so requires. Consequently, any business combinations operating in restraint of trade are strictly forbidden. Furthermore, unfair competition in any form is absolutely not allowed under the provisions of Article XII, Section 19, 1987 Philippine Constitution. “The State shall regulate or prohibit monopolies when the public interest so requires. No combinations in restraint of trade or unfair competition shall be allowed.” 22-Mar-26About Nicolas and De Vega Law Offices
Nicolas and De Vega Law Offices is a full-service law firm in the Philippines. You may visit us at the 16th Flr., Suite 1607 AIC Burgundy Empire Tower, ADB Ave., Ortigas Center, 1605 Pasig City, Metro Manila, Philippines. You may also call us at +632 84706126, +632 84706130, +632 84016392 or e-mail us at [email protected]. Visit our website https://ndvlaw.com/.
