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Philippines: Case against garlic cartel
In a speech read by Justice Secretary Leila de Lima at the 1st National Competition Conference at the Philippine International Convention Center in Pasay City, Aquino said the Office for Competition (OFC) under the DOJ is responsible for investigating the staggering 74 percent increase in the price of garlic from June 2013 to June 2014.
According to Aquino, the OFC discovered that the drastic increase in garlic prices could not be attributed to a shortage in supply, but rather to a single group that was on the receiving end of import permits, allowing them to corner supply and dictate the prices of garlic.
This initial report allowed authorities to look into more anomalous transactions and in light of their findings, the President ordered the DOJ to develop a case against the cartel.
Aquino added that competition policies are one of the ways to protect the interest of people, specifically their rights as consumers.
The President said the playing field could only be considered truly leveled when a company’s share of the market was determined primarily by their ability to innovate and by their drive to provide the best quality services and products at a right price. “Unfortunately, that is not always the case.”
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Other news in this sector:
- 2019-11-21 Spanish pomegranate campaign to finish a month earlier, with 30% drop in the production
- 2019-11-21 US garlic farmers love president Trump's tariffs
- 2019-11-20 Researchers publishing a manual for kiwiberry growers
- 2019-11-20 Red kiwi variety grants exclusive sub-licences
- 2019-11-20 Thailand greenlights Greek kiwi fruit
- 2019-11-20 Zespri to take civil case in China as illegal gold kiwifruit plantings expand
- 2019-11-20 Growing interest from USA in South African litchis
- 2019-11-19 South African subtropical industry reflects on good avo season
- 2019-11-19 Peruvian pomegranate exports increase
- 2019-11-19 Trying to preserve Kutch’s indigenous dates
- 2019-11-18 Maturity monitoring of pomegranate Mollar de Elche by machine vision
- 2019-11-18 Star fruit is installed on Spain’s Andalusian tropical coast
- 2019-11-18 "Chinese winter is the peak sales period for Malaysian durian"
- 2019-11-18 Methyl jasmonate treatment is beneficial for kiwifruit storage
- 2019-11-18 Rain damages pomegranate crop
- 2019-11-15 Daikons getting increasingly popular on the Italian market as well
- 2019-11-15 "Early season start for Peruvian air-freighted mangoes, considerable shortages of avocados"
- 2019-11-15 17,000 tons of lychees from Madagascar will be exported this year
- 2019-11-15 California pomegranates end season of slightly lower volumes
- 2019-11-14 Peculiar papayas: “We have an affinity for the fruit”