Practice question
A dominant seller reduces prices of highly perishable inventory in response to changed marketability. The investigator says every price change is discrimination forbidden by Section 15(d). Which is correct?
- The statute prohibits every clearance price
- Section 15(d)(4) recognizes price changes responsive to market conditions, marketability or volume
- Only old prices are lawful
- Perishable goods are outside every law
- The seller must destroy its inventory instead
Legal references
- RA 10667, Philippine Competition Act, Sections 4, 14-15 and 24-27: https://lawphil.net/statutes/repacts/ra2015/ra_10667_2015.html
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