This case has been cited 1 times or more.
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2006-11-24 |
CORONA, J. |
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| Moreover, a public market is one dedicated to the service of the general public and operated under government control and supervision as a public utility.[20] Hence, the operation of a public market and its facilities is imbued with public interest. Petitioners' 1983 lease contracts contained an implied reservation of the police power as a postulate of the existing legal order.[21] This power could be exercised any time to change the provisions of the contracts or even abrogate them entirely, for the protection of the general welfare.[22] Such an act did not violate the non-impairment clause which is anyway subject to and limited by the paramount police power. | |||||