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This thesis examines the deregulation of the downstream oil industry in the Philippines through Republic Act 8479 in 1998. It analyzes how the law promoted anti-competitive behavior through unfair trade practices and monopoly by foreign-owned oil companies, causing asymmetry in oil prices that negatively impacted consumers. The thesis will evaluate how the automatic oil pricing mechanism has been exploited by oil companies to continually increase prices. It will conclude that while new players entered the m

Author
Alfonso Dimla
Language
EN