SC upholds legality of anti-profiteering provision


The Supreme Court has affirmed the constitutionality of the provision prohibiting profiteering under Republic Act No. 7581, or The Price Act. In a 25-page decision, the high tribunal dismissed the petition of Universal Robina Corp. (URC) seeking the reversal of a 2012 lower court ruling that denied URC’s petition for declaratory relief “for failing to

Read more at : inquirer

Disclaimer : We make no assurance about the completeness and accuracy of the content of this website. All news on this website is collected from various sources hence information may or may not be true. Money Nations does not verify the reliability of the content published. We do not accept any accountability for loss or damage occurred as a result of reliability on the content of this website.