Anti-trust body, agriculture dept partner for consumer protection in agri sector

ABS-CBN News

Posted at Oct 01 2019 02:46 PM

The Philippine Competition Commission office in Quezon City. Mark Demayo, ABS-CBN News

MANILA - The Philippine Competition Commission (PCC) on Tuesday said it partnered with the Department of Agriculture to help address "unscrupulous" practices in the agriculture sector that could affect prices and output.

The anti-trust body represented by its chairman Arsenio Balisacan and Agriculture Secretary William Dar signed a memorandum of agreement (MOA) on Tuesday, the PCC said in a statement. 

Under the MOA, the 2 agencies could exchange information involving competition in the agri space, the PCC said. 

Investigative and enforcement support and the creation of fact-finding bodies for inquiries in the agriculture sector can be performed by the said agencies under the deal.

“This has been a much-anticipated partnership that puts the PCC and the DA at the forefront of inclusive development and consumer welfare promotion. Cognizant of the DA’s role in developing our agriculture sector and the sector’s importance in the economy, the PCC is well-suited to assist and support the DA by looking into market conduct that ultimately affect prices and output,” Balisacan said. 

The DA will provide a "competition lens" that will help the PCC prohibit "unscrupulous practices" in agriculture markets, he added. 

The partnership is the 16th signed by PCC in a bid to expand its network of government partnership, the statement said.