A PIDS study on price control implementation during a disaster or emergency situation underscores that price control should not exceed 60 days. This duration is intended to protect businesses and manufacturers. Extending it may cause the disruption of the flow of commodities and principles of the free market. The study urges local government units to strengthen their Local Price Coordinating Councils for better imposition and monitoring of price freeze in case of emergencies or disasters. It also argues that all food items, not just basic commodities, should be included in the imposition of price control. Know more about the publication titled “ Welfare Issues in Price Control on Occasions of Calamities, Emergencies, and Like Occurrences” here: https://www.pids.gov.ph/publications/5892
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