Competition body probing high pork prices in PH

on

The Philippine Competition Commission (PCC) is currently conducting a probe on why pork prices have increased in the past months.

“There is an ongoing investigation and we (PCC) are part of the task force. We continue to coordinate with other government agencies to find out what caused the increase in pork prices,” PCC Commissioner Johannes Bernabe said during the Laging Handa Public Briefing held on Wednesday.

But he said their investigation is hampered by community restrictions due to the coronavirus disease 2019 (Covid-19) pandemic.

The official said he has recommended policy measures to look into the problem such as increasing the minimum access volume of pork imports, and reviewing the process of issuance of import permits to ensure that importation is not controlled by big market players.

He said all these are part of the holistic approach in addressing the increase of pork prices.

PCC is an independent body that aims to promote and maintain market competition by regulating anti-competition behavior, ensuring fair and healthy market competition and fostering economic efficiency and innovation.


Discover more from Current PH

Subscribe to get the latest posts sent to your email.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

MUST READ

PNP UMABUSO SA PANANAKIT SA AMING KASAMAHANG PHOTOG BULLET...

https://www.youtube.com/watch?v=GwQEH-FD2ug🇵🇭 Currentph News TV — Real News. Real Talk. Real Impact. Welcome to Currentph TV, the digital news and public affairs channel built for the...
video

SONA 2026: Marcos, China, US Alliance and the Philippines’...

https://youtu.be/p3zyjwm2oHM SONA 2026: Marcos, China, US Alliance and the Philippines' Next Direction As President Ferdinand Marcos Jr. prepares to deliver his 2026 State of the Nation...
video

Marcos 2028 Legacy: Economy, Corruption and West Philippine Sea...

https://youtu.be/1e0md4a2e0I Marcos 2028 Legacy: Economy, Corruption and West Philippine Sea Challenges As the Marcos administration moves closer to its final years in office, attention is turning...
video

SONA 2026: Marcos Faces Trust Drop, Flood Scandal and...

https://youtu.be/h49wdASICyU SONA 2026: Marcos Faces Trust Drop, Flood Scandal and Reform Pressure Today With President Ferdinand Marcos Jr.'s 2026 State of the Nation Address approaching, public...
video

SONA 2026 Raises Questions on Debt, Jobs, and Marcos’...

https://youtu.be/cEv77Q5dJNs SONA 2026 Raises Questions on Debt, Jobs, and Marcos' Remaining Two Years As President Ferdinand Marcos Jr. prepares for SONA 2026, the discussion shifts beyond...

Discover more from Current PH

Subscribe now to keep reading and get access to the full archive.

Continue reading

Discover more from Current PH

Subscribe now to keep reading and get access to the full archive.

Continue reading