Deregulation of Downstream Oil Industry

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Republic Act No. 8479: Deregulation of Downstream Oil Industry

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Title Supreme Court: Deregulation of Downstream Oil Industry

Law: Republic Act No. 8479

Decision Date: Feb 10, 1998

The Downstream Oil Industry Deregulation Act of 1998 aims to liberalize the downstream oil sector in the Philippines by promoting competition, encouraging new market participants, and ensuring fair pricing and supply of petroleum products while implementing safeguards against monopolistic practices.

deregulation

downstream oil

petroleum products

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