Boracay Scuba Group, 39 Members Fined P2.17M for Price Fixing
Culture

Boracay Scuba Group, 39 Members Fined P2.17M for Price Fixing

The Philippine Competition Commission (PCC) has fined the Boracay Business Administration of Scuba Shops (BBASS) and 39 of its member-shops a total of P2.17 million for organizing a price-fixing cartel on Boracay Island. The PCC ruled that the price-fixing activities violated competition law and harmed the tourism market.

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