7 months PCC to probe cold storage ‘cartel’ in onion industry MB |Biz
By Bernie Cahiles-Magkilat The Philippine Competition Commission (PCC) will investigate the alleged cold storage cartel in the onion industry that discriminates onion farmers in favor of large traders. In a statement, the anti-trust body said they are acting on the receipt of the request for assistance by the Department of Agriculture on the alleged cold storage cartel in the onion industry. All of PCC’s actions are directed by its mandate to promote fair market competition, advance consumer welfare, and penalize violators of the Philippine Competition Act. As such, the antitrust authority reminds firms that the competition law punishes those ... more