On March 05, 2020, the House of Representatives approved on the second reading House Bill 59. The said bill if signed into law will amend Republic Act (RA) 8762 or the Retail Trade Liberalization Act of 2000. As a background, RA 8762 was passed “to promote consumer welfare in attracting promoting and welcoming productive investment that will bring down price for the Filipino consumer, create more jobs, promote tourism, assist small manufacturers, stimulate economic growth and enable Philippine goods and services to become globally competitive through the liberalization of the retail trade…