Amends anti-monopoly provisions in Penal Code

Ask AI

Republic Act No. 1956: Amends anti-monopoly provisions in Penal Code

What do you want to know about the law?
Ask AI quickly gives answers based only on the current context to avoid mistakes. Always verify with the original text.

New Chat Started

Ask AI

Title Source: Supreme Court: Amends anti-monopoly provisions in Penal Code

Law: Republic Act No. 1956

Decision Date: Jun 22, 1957

Republic Act No. 1956 amends the Revised Penal Code in the Philippines to impose penalties, including imprisonment and fines, on individuals and corporations involved in monopolies, combinations, conspiracies, spreading false rumors, or altering prices, with more severe penalties for offenses involving essential articles, and provides for the forfeiture of property obtained through illegal activities.

END