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In light of the depressed car market brought about by the COVID-19 pandemic, Japanese car makers executed an agreement in Tokyo, Japan, to fix the

In light of the depressed car market brought about by the COVID-19 pandemic, Japanese car makers executed an agreement in Tokyo, Japan, to fix the prices of their cars sold in the Philippines in order to prevent ruinous competition among them. Is there a violation of Philippine law and would Philippine courts have jurisdiction to sanction such violation?

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