Defining the News
What Fujifilm concocted is poison disguised as a dish. It should not be allowed in the Filipino buffet table
In the business realm, particularly in public bidding processes, the strategy of selective inclusion mirrors the culinary practice of Lutong Hapon . The case of SUNFU SOLUTIONS, INC. vs. FUJIFILM PHILIPPINES, INC. is a prime example. Fujifilm led by Ryo Nagaoka, Evan Reyes, and Anil Jacob John therefore gamed the bidding process and decided who should win the bid.
To be sure, the Philippine Competition Act is a step in the right direction and the Philippine Competition Commission has been expanding time and resources in reviewing mergers and acquisitions. But anti-competitive practices are not limited to agreements among industry players. Fujifilm issued and revoked certifications which like the Japanese money issued during the war, is called Mickey Mouse money, seemingly with nothing or no authority to back up such useless pieces of paper.
Indonesia Berita Terbaru, Indonesia Berita utama
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