PNA photo by Robinson Ninal Jr. MANILA - The Philippine Competition Commission (PCC) wants to determine the root cause of high retail prices of onions by investigating possible anti-competitive behavior. The PCC has started its probe for "possible cartel or abuse of dominance conduct" consistent with the House Resolution No. 681 filed by Marikina Representative Stella Luz Quimbo, a former PCC commissioner. "Since November 2022, the Philippine Competition Commission has been investigating the high prices of onion for possible cartel or abuse of dominance conduct," it said in a statement Thursday. The antitrust body said it launched its market assessment amid the skyrocketing onion retail prices, which it observed at an unusual price range of PHP600 per kilogram in December 2022. "As prices are seen to stabilize due to the imports and the SRP set last Feb. 6, the PCC is looking into the cause of such market anomaly in coordination with the sector regulators and o
(Photo courtesy of House of Representatives) MANILA - The House of Representatives will wrap up plenary debates on the proposed 2023 national budget on Wednesday, a lawmaker said Tuesday. "It is the second stage of the budget process where Congress members dedicate another pair of eyes to review the proposed budget. So far, we have terminated the debates for 61 agencies and constitutional bodies, leaving us with 14 more to deliberate," House appropriations committee vice chair and Marikina Representative Stella Luz Quimbo said in a statement during the Ugnayan sa Batasan forum. "It is vital that the President has certified the immediate enactment of the 2023 GAB. Usually, bills go through three independent readings on three separate days. With the President's certification of urgency, mapapabilis ang proseso dahil hindi na kinakailangan ng hiwalay na second at third reading (the process will be expedited because the second and third reading don't have to be done
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