Price Control and Maximum Selling Price Act

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Republic Act No. 6361: Price Control and Maximum Selling Price Act

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Title Source: Supreme Court: Price Control and Maximum Selling Price Act

Law: Republic Act No. 6361

Decision Date: Jul 27, 1971

The Price Control Law in the Philippines aims to prevent monopoly and profiteering by fixing maximum prices for essential commodities, with violators facing imprisonment and fines.

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