Solons seek probe on possible ‘manipulation’ in onion market price - BusinessWorld Online

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A group of opposition lawmakers on Thursday called for an investigation on the “potential overpricing and price manipulation” of onions in the market. READ:

AUTHORITIES seized over 1,000 sacks of illegally imported white onions in Divisoria, Manila on Dec. 2 amid high retail prices of red onions nationwide. — PHILSTAR/MIGUEL DE GUZMANpotential overpricing and price manipulationGabriela Party-list Rep. Arlene D. Brosas led the filing of House Resolution 673, which asks the House committee on agriculture and food to conduct a probe on the issue.

The Department of Agriculture issued a directive in late December setting a price ceiling on onions at P250/kilo.They said the Agriculture department

 

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