Bill Type
Long Title
AN ACT DECLARING VARIOUS FORMS OF UNFAIR TRADE PRACTICES AS ACTS OF ECONOMIC SABOTAGE, PRESCRIBING PENALTIES THEREFOR, GRANTING INCENTIVES AND REWARDS FOR ASSISTANCE OF WITNESSES AND INFORMANTS LEADING TO SUCCESSFUL PROSECUTION THEREOF, AND FOR OTHER PURPOSES (anti-trust)
Congress Author
Date filed
July 2, 2001
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. House Bill No. 319, 12th Congress of the Republic
FULL TITLE : AN ACT DECLARING VARIOUS FORMS OF UNFAIR TRADE PRACTICES AS ACTS OF ECONOMIC SABOTAGE, PRESCRIBING PENALTIES THEREFOR, GRANTING INCENTIVES AND REWARDS FOR ASSISTANCE OF WITNESSES AND INFORMANTS LEADING TO SUCCESSFUL PROSECUTION THEREOF, AND FOR OTHER PURPOSES (anti-trust)
ABSTRACT : Rationale: It is hoped that this proposed measure be instrumental in curbing the proliferation of the activities of those engaged in unfair competition and trade practices that threaten the very foundation of the local industry and business sectorsin particular, and the Philippine economy, in general. This Act likewise aims to ensure that the proper duties and taxes are paid to augment the government's depleted resources which are urgently needed to meet the society's basic requirements.
PRINCIPAL AUTHOR/S : MITRA, ABRAHAM KAHLIL B.
DATE FILED : 2001-07-02
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. De Guzman (063 ) 2. Syjuco (041 )
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE
COMMITTEE ACTION: change of ctte. ref'l from Justice as per J.5;p.30 (July 31,2001)
MOTHER BILL: House Bill No. 6530, 12th Congress of the Republic
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON TRADE AND INDUSTRY ON 2001-07-24
SECONDARILY REFERRED TO THE COMMITTEE(S) ON APPROPRIATIONS

Abstract

"Rationale: It is hoped that this proposed measure be instrumental in curbing the proliferation of the activities of those engaged in unfair competition and trade practices that threaten the very foundation of the local industry and business sectorsin particular, and the Philippine economy, in general. This Act likewise aims to ensure that the proper duties and taxes are paid to augment the government's depleted resources which are urgently needed to meet the society's basic requirements."

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Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.