#overpricing

Shake Shack: It Is Nonetheless Unshaken, However Overpricing And Technical Dangers Should Be Thought-about

BREAKING THIS MORNING: Fuel Prices in Palawan will soon jackin' it up to PHP100

PUERTO PRINCESA, PALAWAN -- As the gas prices soared up in Puerto Princesa City, the oil price hike continues to breach on the road to PHP100 (nearly U$D2).

Some media sources told OneNETnews, oil companies on Tuesday morning (Palawan local time) jacked up the price of Diesel by PHP4.30 per liter and Gasoline by PHP2.15 per liter (both are nearly a cent in U.S. dollars).

Department of Energy (DOE)’s Oil Industry Management Bureau director named Rino Abad that the prices are way over the limit in Palawan to gas up per expensive level.

Despite the overpriced gas, the war on Russia against Ukraine affects the situation worldwide. Not only that, the Philippine transportation will soon to end its final ride in a few weeks time if the Marcos Jr. administration cannot addressed this issue.

It is possible to make some changes to suspend the Oil Deregulation Law and Excise Tax altogether across the archipelago in our country.

PHOTO COURTESY: Romar Miranda via FB Photo for PH Daily Inquirer BACKGROUND PROVIDED BY: Tegna

SOURCE: *https://www.facebook.com/100069028928005/posts/337824658528496 [Referenced FB Caption Photo from the PH Daily Inquirer] *https://www.gmanetwork.com/news/money/economy/834237/fuel-price-hikes-expected-to-continue-in-the-few-next-weeks-doe-exec/story/ [Referenced News Article #1 from GMA News] and *https://www.philstar.com/headlines/2022/06/07/2186701/p100-liter-gas-doe-says-thats-unlikely [Referenced News Article #2f from The Philippine Star]

A Dutch watchdog fined Italian drug manufacturer Leadiant 19,569,500 euros for jacking up the price of a prescription medication it acquired in 2008. At that time, the drug cost 46 euros for a package of 100 capsules, but essentially the same medication was being sold for 14 thousand euros in 2017, the Authority for Consumers and Markets (ACM) alleged.

The drug is based on chenodeoxycholic acid (CDCA) and is used to treat people with cerebrotendineous xanthomatosis, a rare metabolic disorder. About sixty people in the Netherlands suffer from the disease, which requires use of the medicine for the rest of their lives, the ACM said.

Leadiant acquired the drug in 2008, changed the brand name to Xenbilox, and raised the price 19-fold to 885 euros per 100 capsules. Five years later, Xenibilox was granted "orphan drug designation", meaning that its use is so rare it requires government support to be deemed profitable. At that point, the price was raised to 3,103 euros.

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Is there a law or provision that will be a basis for non payment of delivered goods due to overpricing?

Question: Is there a law or provision that will be a basis for non payment of delivered goods due to overpricing? What are the parameters that these goods are overpriced. Kasi masyadong malaki yung actual price ng goods kaysa prevailing market price. Thank you sa makakatulong. More forums concerning #Overpricing: https://gabotaf.com/search_gcse/?q=Overpricing Answers | Comments View Answers

Glenmark shares fall 5.8% after DCGI notice on overpricing

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Shares of Glenmark Pharmaceuticals Ltd on Monday fell as much as 5.8% after India’s drug regulator sent a notice to the company on overpricing and false claims of its generic version of favipiravir–FabiFlu.

The Mumbai-based drug firm reduced the price of FabiFlu by 27% to Rs75 per tablet last week for restricted emergency use in patients with mild-to-moderate symptoms of Covid-19. “The…

Petition in LHC seeks steps to control hoarding, overpricing

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LAHORE: Prices of essential food items have gone up with the advent of the fasting month of Ramazan.

A petition seeking action against hoarding and rising prices of essential commodities was filed in the Lahore High Court (LHC) by the Judicial Activism Panel that sought directives for the relevant authorities to bring down the prices and check hoarding in an effective manner.

The…