Grab to appeal LTFRB’s 10M fine decision to DOTr

Grab is grateful to the Land Transportation Franchising and Regulatory Board (LTFRB) for issuing Memorandum Circular 2018-019 allowing the time-based fare component of P2 per minute. Our TNVS partners especially share this gratitude. This will benefit not only the TNVS community but also the riding public who only ask for reliable, safe rides.

The LTFRB’s reversal of its decision to order Grab to reimburse passengers on the P2 per minute fare component lends credence to the fact that Grab did not do anything illegal when it implemented the time-based fare component in June 2017.

Moreover, at the recent Technical Working Group meeting of the House Committee on Transportation, Rep. Jericho Nograles, who was the main complainant in the P2/min issue against Grab, himself read on-record a provision in his own proposed bill stating that “TNCs may set their own fare,” which is virtually identical to the very Department Order we relied on when we imposed the P2 per minute fare component.

While Grab will appeal the matter to the DOTr, we do so with humility and continuing respect for our regulators, as we are cognizant of the fact that they too are merely fulfilling their mandate and performing their sworn duties and responsibilities. We vow to continue working closely with our regulators and policy makers.

As a major player in the ride-hailing sector, and the leading transport network company in Southeast Asia, we will also take the lead on compliance to policies and rulings set forth by regulators.

Ultimately, we all have similar goals to improve transportation and mobility for all Filipinos. We are committed to these goals.

Leo Gonzales, Grab Philippines Public Affairs Head

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.