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PIA Press Release
2006/10/23

Kalinga Consumernet finds no case of profiteering

by Larry Lopez

TABUK, Kalinga (23 October) -- Business establishments in this town center are practicing fair trade practices as found out by provincial consumernet.

Victor Benganio of Department of Trade and Industry (DTI) Kalinga, reported that members of the consumernet which rounded up business establishments discovered no violation despite the recent crisis that hit the market, indicating fair business practices in town.

The net composed of different member-agencies monitored the enforcement of Price Tag Law, Weights and Measures and Asin Law, in celebration of Consumers Welfare Month, this October.

Although there were slight increases in the prices of cement and steel bars and some basic commodities, business establishments inspected have complied with the law. Some grocery items have increased prices but are within the 2-3% allowable margin, Benganio said.

Under the Price Act, unreasonable increase in prices over the 10% ceiling is not allowed.

One major activity for the month, according to Benganio was the checking of weighing scales in two major public markets in Bulanao and Poblacion.

Of the 70 units inspected, 64 were calibrated and had minor repairs while 6 were found out good. The calibration was needed because of long use of weighing scales, especially by ambulant vendors, he said.

The team also gave tips on proper handling and maintenance of weighing units, as part of its promotion of good business practices.

Among the business establishments monitored were hardware stores, grocery stores, drugstores and farm supplies outlets. The consumer net is organized by government to assure welfare and protection of consumers and instill fair trade practices. (PIA-Kalinga) [top]

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