Philippine Solon Calls for Probe into Oil Firms' Alleged Cartel Behavior
A Philippine lawmaker has urged the Philippine Competition Commission, Energy Regulation Commission, and Department of Energy to investigate the 'cartel-like behavior' of oil companies amidst rising fuel costs.
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DOE, ERC, PCC must look into cartel-like behavior of oil firms – solon
MANILA, Philippines — The Philippine Competition Commission (PCC), Energy Regulation Commission (ERC) and the Department of Energy (DOE) need to intervene in the “cartel-like behavior” of oil companies amid the rising cost of fuel, Marikina Rep. Miro Quimbo said on Saturday. Speaking at the Saturday News Forum, Quimbo said that the mandate of the DOE
By postie
Read full article →Senate to look into collusion among oil players
A Senate committee formed exclusively to help thresh out ways for the country to weather through the raging oil crisis is set to open to an investigation into possible collusion among oil players to jack up prices right at the onset of the Middle East war.
By Marc Jayson Cayabyab
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