Act No. 3247 Section 1

Section 1

SECTION 1. Every agreement, contract, conspiracy, or combination in the form of trust or otherwise, in restraint of trade or commerce or intended to prevent or preventing by artificial means free competition in the market, is hereby declared to be illegal, and any person who shall make any such contract or engage in any such combination or conspiracy shall be punished by fine not exceeding five thousand pesos, or by imprisonment not exceeding one year, or by both such fine and imprisonment, in the discretion of the court.

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Other provisions in Act No. 3247

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationAct No. 3247 Section 1 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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