Anti-Hoarding and Price Manipulation Measures

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LETTER OF INSTRUCTIONS No. 1859: Anti-Hoarding and Price Manipulation Measures

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Title Source: Supreme Court: Anti-Hoarding and Price Manipulation Measures

Law: Letter Of Instructions No. 1859

Decision Date: Oct 12, 1983

A 1983 law issued by President Ferdinand Marcos aims to prevent hoarding, profiteering, and price manipulation of essential commodities in the Philippines, with defined terms and assigned responsibilities to relevant government agencies, imposing penalties such as imprisonment, fines, and forfeiture of products involved, while also allowing for administrative penalties, providing necessary authority and responsibilities for effective implementation and enforcement.

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