Manila, April 24 -- Speaker Ferdinand Martin G. Romualdez on Wednesday said he would spearhead an investigation in aid of legislation into the widening gap between farmgate and retail prices of rice and other basic goods as soon as the House of Representatives resumes its session on April 29.

Among others, Romualdez said the review aims to identify and address loopholes that may contribute to profiteering and unfair pricing practices within the supply chain.

This developed after Romualdez and Deputy Majority Leader Erwin Tulfo met with representatives of producers, retailers, and grocery stores on Tuesday where they denied making any substantial price changes.

"The discrepancy between farmgate and retail prices of basic goods is alarmi...