Online sellers must follow suggested retail price, says DTI

Arianne Merez, ABS-CBN News

Posted at Jun 02 2020 12:48 PM

MANILA -- Online sellers should follow the government's suggested retail price for basic goods, the Department of Trade and Industry said Tuesday, as the pandemic shifted more Filipinos to e-commerce.

Some 2,000 DTI workers were tasked to monitor prices of goods sold over the internet, Trade Undersecretary Ruth Castelo said, as she warned online sellers against profiteering and overpricing.

"Those sold online should also comply with the SRP bulletin. Wala po tayong (there is no) distinction nung application nito whether it is sold physically, in a physical store, or online," she said in a virtual press briefing.

The DTI has sought the help of the National Bureau of Investigation, and the Philippine National Police to go after illegal trading activities online, she said.

"Marami na pong nahuhuli on the overpricing, profiteering or quality po ng kanilang produkto," she said.

(Many people have been arrested due to overpricing, profiteering, or because of the poor quality of their products.)

"It's a warning din po to all unscrupulous individuals who plan or who have been doing this na hindi porke't naka-crisis tayo o naka-work from home eh hindi na po nagbabantay ang DTI," she added.

(This is a warning to all unscrupulous individuals who plan or who have been doing this, that just because we're in a crisis, doesn't mean that the DTI has stopped doing its job.)