• DTI Urges Speedy Passage of Competition Law


    Trade and Industry Secretary Gregory Domingo recently called on the members of the House of Representatives for the speedy passage of the Competition Law. Secretary Domingo said that past measures undertaken to liberalize key sectors of the economy need to be reinforced by measures that safeguard competitive conditions. “A competition law will level the playing field especially for micro, small, and medium firms that are at a disadvantage in the market place in reference to competing with the big firms. There is a need to provide equal opportunities to all to promote entrepreneurial spirit, encourage private investments, facilitate technology transfer,” Domingo said.


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