DTI strengthens drive vs pyramiding, chain marketing schemes

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CEBU CITY, Philippines — The Department of Trade and Industry (DTI) has tightened regulations on those doing networking and multi-level marketing amid concerns raised regarding the sale of

On Tuesday, October 15, DTI conducted a public consultation on the draft administrative order on pyramiding schemes.

Applicants for the mandatory recognition are required to submit a DTI-prescribed application form to the agency’s Fair Trade Enforcement Bureau or to regional or provincial office concerned together with supporting documents. – Where a consumer product is involved, the price is unreasonably high that a consumer would not normally buy, sit the participant is forced to recruit; andEmma Panopio, chief of DTI surveillance and monitoring division, and Perpetual Werlina Lim, chief of DTI consumer trade and policy division, consumer protection and advocacy bureau were around to answer questions about the DAO.

According to DTI, administrative sanctions will be imposed on those found to be using prohibited marketing plan or scheme.

 

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