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Hortensia L. Starke Vs. Philippine Sugar Commission, Et Al.

HORTENSIA L. STARKE, petitioner, vs. PHILIPPINE SUGAR COMMISSION and NATIONAL SUGAR TRADING CORPORATION, respondents.

G.R. No. 85997 | 1992-08-19

D E C I S I O N


CRUZ, J.:

When this case was initiated in the trial court, the Philippine Sugar Commission (PHILSUCOM) was under PD 1192 the sole agent of the country in buying and selling sugar. Its trading arm was the National Sugar Trading Corporation, more commonly known as NASUTRA. The PHILSUCOM had the power to determine from time to time the floor ceiling price of sugar. This amount was reached by ascertaining the total anticipated cost of production per picul of sugar and adding thereto a corresponding reasonable margin of profit as set by the government agency authorized to regulate prices of commodities.

The decree required...