LTFRB orders Grab to suspend P2/min charge on rides

The Land Transportation Franchising and Regulatory Board (LTFRB) has ordered Grab to suspend its P2.00 per minute fare it imposed on rides.

According to the order dated April 18, 2018, “the Board directs respondent, MY TAXI.PH, INC. (GRAB), to immediately suspend the imposition of P2.00 per minute charge. The Order shall be effective until further Order of the Board.”

grab logo • LTFRB orders Grab to suspend P2/min charge on rides

Grab was recently asked to appear on a hearing scheduled on April 17 to explain why it was charging P2.00 per minute of travel time without authority from the Board. The charge is on top of its flag-down rate of P40.00 and charging P10.00 – P14.00 per kilometer. Grab admitted that they imposed the P2.00 per minute charge in June 2017 but failed to inform the public.

The LTFRB mentioned in the order that Grab’s fare structure should be consistent with the Order of the Board dated December 27, 2016.

source: CNN PH, PhilStar

Louie Diangson
1 Comment
  1. That’s what happens when competition is gone. But wait, since June of 2017?! Money GRABbing POS! The name fits the company.

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