What economic reform enacted under President Fidel V. Ramos in 1995 opened domestic retail telecommunications to competition and broke the monopoly of PLDT?
Answer and explanation
Correct answer: A. the Public Telecommunications Policy Act
- Step 1: 7925 (The Public Telecommunications Policy Act of the Philippines). Answer: the Public Telecommunications Policy Act. Why not the others: None of these fit: The Downstream Oil Industry Deregulation Act; The Electric Power Industry Reform Act (EPIRA); The Philippine Competition Act.
Practise more Post-War Republics, Martial Law and the 1986 EDSA Revolution.
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More Post-War Republics, Martial Law and the 1986 EDSA Revolution questions
- Which popular Philippine President died tragically in a plane crash on Mount Manunggal in Cebu on March 17, 1957?
- Which Philippine President exercised the 'Filipino First Policy'?
- On what date was Proclamation No. 1081 officially dated, placing the entire Philippines under Martial Law by President Ferdinand Marcos?
- What constitution was ratified in January 1973 through controversial Citizen Assemblies ('show of hands')?
- What event on August 21, 1983 catalyzed widespread public outrage and galvanized the democratic opposition against the Marcos dictatorship?
- What snap election was held on February 7, 1986 where Corazon C. Aquino challenged President Ferdinand Marcos?