#ltfrb suspension

The LTFRB has just posted on their Facebook page a press release stating that all Uber TNVS (transport network vehicle service) shall cease and desist their operations for one month, in an order dated August 14, 2017. The regulatory board has recommended that Uber give some financial assistance to its drivers during the suspension period as "an expression of good faith as their accredited peer-operators would have not suffered the current predicament were it not for the predatory actions of respondent Uber", as quoted from the press release. The LTFRB has given copies of the order to their own enforcers, MMDA, PNP-HPG, and LTO for the purposes of enforcement. Grab recently posted their official statement on their Facebook page regarding LTFRB's order on accepting new drivers in their company. In their statement, Grab has asked their passengers to bear with them as there is an increase in their bookings since Uber's operations has been suspended from LTFRB's order (see article here.) They also said that they have capped their fare matrix at 1.4x and has regulated the threshold for passenger surges to control the fares. After the announcing the one-month suspension order of LTFRB to Uber yesterday, the company has filed a motion for reconsideration and has resumed their service operations. Read more in our articles including "LTFRB suspends Uber's operations for 1 month" and "Grab releases statement regarding LTFRB's order".