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II. LEGISLATIVE DEPARTMENT - D. Legislative Inquiries and Oversight Functions (1987 Constitution, Art. VI, secs. 21-22)

In light of its mandate to conduct legislative inquiries and perform oversight functions, the Legislative Department plays a crucial role in ensuring transparency, accountability, and good governance. In this scenario, consider the following:

A prominent telecommunications company has recently been accused of monopolistic practices and unfair competition in the telecommunications industry. The issue has gained significant public attention, with allegations of anti-competitive behavior and detrimental effects on consumers. As a member of the Legislative Department, you have been tasked to initiate a legislative inquiry into this matter.

Based on the relevant provisions of the 1987 Constitution, particularly Article VI, Sections 21-22, and any applicable laws, answer the following question:

What are the key powers and functions of the Legislative Department in conducting legislative inquiries and performing oversight functions?
What legal requirements or procedures should be followed in initiating a legislative inquiry on the alleged monopolistic practices and unfair competition of the telecommunications company?
What possible actions or recommendations can the Legislative Department undertake based on the findings of the legislative inquiry?

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