Does Article 186 Still Punish Hoarding?
Philippine competition law now governs cartels, price fixing, and hoarding schemes after Article 186 was repealed by Republic Act No. 10667.
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A Glance at Abuse of Dominant Position under Competition and Antitrust Laws
The term abuse of dominant position refers to anticompetitive business practices in which a dominant firm may engage in order to maintain or increase its position in the market.[i] Abuse of dominance or monopolization is punished under competition laws worldwide. In the US, Section 2 of the Sherman Act penalizes a person who shall monopolize,
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Philippine Competition Law at a Glance
Philippine Competition Law at a Glance (updated 06 March 2020) On 21 July 2015, Republic Act No. 10667, otherwise known as the Philippine Competition Act was finally enacted and became effective on 08 August 2015. However, a transitional period was provided by the law whereby an existing business structure, conduct, practice or any act that
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