About this document
Understanding the Price Act Law by Hazel Mae Cabreros is a document available to read on EtoBox.
The Price Act, or Republic Act 7581, was enacted in the Philippines to ensure fair pricing and consumer protection, particularly during emergencies and against illegal price manipulation. It prohibits hoarding, profiteering, and cartel activities, and establishes automatic price controls and ceilings under certain conditions. The act is enforced by various government agencies, with penalties for violations including fines and imprisonment.
- Author
- Hazel Mae Cabreros
- Language
- EN