Consumer price control during emergencies

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Republic Act No. 7581: Consumer price control during emergencies

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Title Source: Supreme Court: Consumer price control during emergencies

Law: Republic Act No. 7581

Decision Date: May 27, 1992

The Price Act in the Philippines aims to protect consumers by stabilizing prices of basic necessities and prime commodities, establishing penalties for illegal price manipulation, and allowing for the imposition of price ceilings and allocation of a buffer fund.

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