The country’s major business groups are asking President Rodrigo Duterte to review the legislative franchise of, saying that it grants the solar power generation firm of outgoing Senator Loren Legarda’s son “undue competitive edge.”
“The grant of the franchise may defeat [Duterte’s] objective of levelling the playing field in the renewable energy sector, and could prejudice power consumers,” they said. They said Duterte should let the Cabinet’s economic cluster review SPSBC’s franchise before he acts on it. Under the law, Congress has the power to grant franchises to companies providing public services such as utilities and media.
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