SunStar Publishing Inc.
THE Philippine Competition Commission is set to file charges against 12 onion importers and traders engaged in anti-competitive practices.In a memorandum to President Ferdinand Marcos Jr., the PCC reported that based on investigation, the respondents assigned among themselves sanitary and phytosanitary import clearances issued by the Department of Agriculture-Bureau of Plant Industry and distributed the volume of onions allowed for importation.
“By agreeing to allocate SPSICs and divide among themselves the actual volume of imports, respondents effectively controlled more than 50 percent of the volume of onions imported into the Philippines during the relevant period. This is an anti-competitive agreement penalized under Section 14 of the PCA,” the PCC said.“Respondents also colluded to lessen competition in the market.
Onion Trading Onion Traders Onion Importers
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