Unless the Philippines adopts a comprehensive competition policy, the nation will remain subject to corporate fraud, according to economic expert Cecilio T. Arillo.
In an op-ed, Arillo calls for antitrust law to be implemented in the Philippines to protect against monopolies and other financial frauds including tax evasion and smuggling, calling …read more
South Africa’s Competition Commission is reportedly probing steel company ArcelorMittal for allegations of “excessive pricing.”
The steelmaker announced Friday it was under investigation by regulators for pricing policies regarding its tinplate and flat steel products and the surcharges the company introduced between May and July in 2010.
The company, which is South …read more
Top eyeglass manufacturers in China are reportedly cutting their prices by as much as 30 percent in the midst of an antitrust probe into the industry.
China’s National Development and Reform Commission first began investigating the market last August when it launched a wide-scale project to examine industries that earned what …read more
CollegeNET, which services universities with operational technologies, has reportedly filed an antitrust complaint against the Common Application, an organization that allows prospective university students to fill out a one-size-fits-all applications accepted by numerous universities in the nation.
According to reports, CollegeNET claims “Common Application has abused its market power in the …read more