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​Philippine cement industry antitrust probe could take two years

( August 3, 2017, 05:05 GMT | Insight) -- The Philippine Competition Commission's full report on alleged anticompetitive behavior in the cement industry is due in  2019, about two years after the commission launched its investigation in February, BusinessWorld reports. The Philippine Competition Commission's full report on alleged anticompetitive behavior in the cement industry is due in  2019, about two years after the commission launched its investigation in February, BusinessWorld reports. According to Commissioner Stella Luz A. Quimbo, the antitrust watchdog considers "two years to be a useful period for the study." The investigation is centered on allegations that Cement Manufacturers Association of the Philippines president Ernesto Ordoñez, LaFarge Holcim Philippines and Republic Cement & Building Materials colluded to protect the interests of the industry association's members, by means including filing frivolous cases against non-CeMAP imported brands, issuing misleading information on supply conditions, and leaving independent importers vulnerable to predatory pricing lawsuits. ...

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