Philippine antitrust agency cautions rice importers on data sharing under price cap
( May 26, 2026, 06:30 GMT | Official Statement) -- MLex Summary: The Philippine Competition Commission cautioned market participants to make commercial decisions independently and avoid sharing sensitive information such as prices, quantities and import volumes during a dialogue with the Philippine Rice Importers’ Association on compliance with Executive Order No. 118. The discussions focused on maintaining fair competition following the government’s imposition of a 30-day nationwide price cap of 50 pesos (81 cents) per kilogram on imported rice. The PCC said it is prioritizing collaborative compliance and technical guidance, while PRIA called for similar consultations with retailers to address logistics costs and downstream pricing concerns.Statement follows....
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