The Land Transportation Franchising and Regulatory Board (LTFRB) has issued a warning to Uber and Grab citing unreasonable surges in their rates, especially during the holiday season. In a press release posted on their Facebook page, the LTFRB warns Uber and Grab "not to take advantage of the holiday season as a reason to unreasonably surge their respective rates." The agency said that they have received complaints where the surge ranges from Php2,000 to Php28,000. The LTFRB also added that they have not been consulted on Uber's "Upfront fares based on predictions," and have the right to suspend or cancel accreditation if the unreasonable surges persist. Read more in our articles including "LTFRB issues warning to Uber and Grab for the holiday season" and "DOTr’s MRT-3 50% fare discount now accessible via GCash".
The Land Transportation Franchising and Regulatory Board (LTFRB) has issued a warning to Uber and Grab citing unreasonable surges in their rates, especially during the holiday season. In a press release posted on their Facebook page, the LTFRB warns Uber and Grab "not to take advantage of the holiday season as a reason to unreasonably surge their respective rates." The agency said that they have received complaints where the surge ranges from Php2,000 to Php28,000.
The LTFRB also added that they have not been consulted on Uber's "Upfront fares based on predictions," and have the right to suspend or cancel accreditation if the unreasonable surges persist.
Our coverage of surge includes: "LTFRB issues warning to Uber and Grab for the holiday season"; "DOTr’s MRT-3 50% fare discount now accessible via GCash"; "Ride-hailing apps cut commissions as fuel prices rise". Each article provides unique insights and information.