Republic of the PhilippinesSUPREME COURTManilaNERI COLMENARES andCARLOS ISAGANI ZARATERep!esentati"es of #A$ANMUNAPART$LIST Petitioners, - versus -G%R% No% &&&&&&&&&&&&'o!: CERTIORARI andPROHIBITIONunder Rule65 of the Rules of Courtwth a!!l"aton for aTe#!orar$ Restrann%Order and&or 'rt ofPrel#nar$ In(un"ton)CESAR (% PURISIMA in his capacit)as the Sec!eta!) of 'inanceMETROPOLITAN *ATER*OR+SAN, SE*ERAGE S$STEM-M*SS. GERAR,O A%I%ES/UI(EL in his capacit) as theAd0inist!ato!andActin1Chai!0anof the M*SS 2OEL $U in hiscapacit) as the Chief Re1ulato! of theM*SS Re1ulato!) Office -M*SS3RO. MANILA *ATERCOMPAN$INC% -M*CI. and MA$NILA,*ATERSER(ICES INC% -M*SI.andPRES%#ENIGNOSIMEONC%A/UINO III P!esident of theRepublic%Respondents)*---------------------------------------------*PETITION fo! CERTIORARI and PRO4I#ITION-5ith Application fo! a Te0po!a!) Rest!ainin1 O!de! and6o! *!it of P!eli0ina!) In7unction.1 | P a g ePetitione!s +$ "ounsel, res!e"tfull$ state: PRE'ATOR$8O' A#SUR,ITIES AN, IN2USTICE9I0a1ine this $ou! 4ono!s% TheRe1ulato!inacco!dance5ithits!e1ulato!)functionunde! the la5 denies a !ate inc!ease application b)Concessionai!es% ,espite the fact that the denial is a!e1ulato!) issue Concessionai!es 1o to a p!i"ate a!bit!ationpanel on the basis of a Concession A1!ee0ent% Thea!bit!ation panel !e"e!ses the Re1ulato! a 0e!e concessiona1!ee0ent a0ends na) TRUMPS the la5% T4E 4APLESSPU#LIC PA$S%This is an absu!dit) and an in7ustice% *hat 5ould be fa! 5o!se than this absu!dit) and in7ustice: *ell if b) a st!o;e of luc; the a!bit!ation panel affi!0s theRe1ulato! and denies the !ate inc!ease application theConcessionai!es1otothe1o"e!n0entandas;sthatitbeco0pensated th!ou1h