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Published February 4, 2021, 1:41 PM
The House Committee on Trade and Industry on Thursday approved proposals updating the ‘antiquated’ Consumer Act of the Philippines in order to give consumers ample protection from deceitful, abusive and dishonest trade practices amid the continued rise in goods and services in the country.
MANILA BULLETIN FILE PHOTO
The House panel chaired by Navotas Rep. John Reynald Tiangco agreed to adopt the technical working group recommendation to consolidate seven bills that are aimed at putting more teeth to existing consumer protection laws, as well as introducing new provisions that that would impose heavy penalties on deceiving and abusive schemes against consumers with the use of modern technology.