The LTFRB questions Grab Philippines for charging P85 for 'short trips.'
MANILA, Philippines– State regulators have given ride hailing app Grab five days to submit its data on the number of times they reportedly charged a minimum of P85 for “short trips,” a rate that has yet to be approved.
Last year, the LTFRB set the minimum fare for taxis and sedan-type ride hailing services to P45; P55 for larger vehicles, and P35 for hatchback-type vehicles. “While it is true that the party has the mechanism, it is still the government that exercises regulatory functions and defines when they can impose an increase. What we would like to establish is what time they can impose an increase and in what areas they can make the increase,” Guadiz said.
“There will be no more hearing on this issue. We have already asked them to submit their position paper and that’s when we will come up with a decision,” he added.
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