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News Philippine Competition Commission fears new cement tariff may disrupt investigation

Philippine Competition Commission fears new cement tariff may disrupt investigation

Written by Global Cement staff 06 September 2019
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Philippines: The September 2019 customs duty of US$4.81/t on imported cement is in danger of disrupting a Philippine Competition Commission (PCC) probe. The Philippine Star has reported that the PCC is conducting an investigation into domestic cement producers’ alleged anticompetetiveness following an accusation by a Department of Trade and Industry (DTI) official in 2017 that a ‘cartel’ of producers was maintaining artificially high pricing and spreading of misinformation about the quality of imported products. PCC chair Arsenio Balisacan has noted the danger of ‘having an ongoing investigation and introducing a policy which can influence the outcome of that investigation.’

Napoleon Co, chairman of the Philippine Cement Importers Association (PCIA), has stated that cement traders will keep on importing unless the local cement sector produces more. He said that foreign producers’ Philippine sales were driven not by their lower prices but by the domestic industry’s inability to fulfill the country’s 28Mt/yr demand.

Last modified on 11 September 2019
Published in Global Cement News
Tagged under
  • Philippines
  • Import
  • Antitrust
  • Investigation
  • Government
  • Philippine Competition Commission
  • Department of Trade and Industry
  • GCW422

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