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Philippine Competition Commission flags fuel markets amid price pressures

( April 10, 2026, 01:23 GMT | Official Statement) -- MLex Summary: Amid ongoing pressures in global and domestic fuel markets, the Philippine Competition Commission said it is closely monitoring market behavior to guard against businesses that may take advantage of the ongoing energy crisis. As well as fuel markets, the regulator is also monitoring downstream markets which rely on fuels as inputs to production. While price movements reflect global supply-demand dynamics, the PCC said prolonged disruptions may incentivize harmful coordination or exclusionary practices. The regulator, which does not set prices, is coordinating with the Department of Energy under a 2019 agreement to strengthen oversight and advocacy, and urged consumers to report suspected violations through its case reporting system.Statement follows....

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