President Benigno Aquino 3rd on Tuesday signed into law the Philippine Competition Act and the Foreign Ships Co-Loading Act, now known as Republic Acts 10667 and 10668, respectively.
In a ceremonial signing at Malacañang Palace, President Aquino approved the landmark Philippine Competition Act, giving the country its own law that will level the playing field for all businesses by penalizing anti-competitive agreements and abuses of dominant players.
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