PCC slaps new fine vs Grab PH, Grab to comply

The Philippine Competition Commission (PCC) has slapped another multimillion-peso fine against ride-hailing app Grab after the latter failed to comply with its commitments from May to August. A total of Php 16.15 million worth of fines was charged fo Grab Philippines, which includes Php 14.15 million for "extraordinary deviation on its pricing commitment" and a Php 2 million for exceeding driver cancellations at 7.76 percent instead of 5 percent. Philippine Competition Commission According to Grab, both  parties them and PCC) "acknowledge that the fare-in-range monitoring scheme is highly technical and does not apply to the current market conditions." "Given the current lack of TNVS supply, worsening traffic conditions, and the ever-growing commuter demand, Grab’s fares remain to be compliant with the LTFRB’s fare matrix," Grab said in its statement. However, Grab Philippines said that they respect the PCC findings, following the antitrust body cited certain deviations from Grab’s voluntary commitments. The company said that such movement is caused by the lack of TNVS supply to service the steadily growing commuter demands, coupled with the worsening traffic situation. TNVS is initially intended to augment the mass transportation system in the country, at the current rate, the TNVS is now carrying the heavy load of serving commuters which the current mass transport system is unable to accommodate. Nicka Hosaka, Grab Philippines Public Affairs manager, in an interview, said that the new formula is "easier to track and measure and that factors are considered." Further, Grab will be disbursing the total computed administrative penalty of PHP Php14.15 million to the GrabPay Wallets of those passengers who took Grab rides from May 11 - August 10, 2019 in compliance to the order of the PCC. The disbursement will happen no later than February 10, 2020, with a corresponding communication to the relevant passengers five (5) days prior to the disbursement. The additional Php 2M admin penalty related to the breach of committed driver cancellation rate will be paid to PCC. "As the new monitoring year begins with the new system-wide average monitoring scheme, Grab is hopeful in fulfilling its commitments to the PCC, however, it highlights that as a platform, pricing will still be influenced by factors such as lack of supply, and the traffic situation," Grab concluded in the statement.

Read All

Featured Articles

Recommended Articles For You

Read All

Featured Cars

  • Upcoming

Car Articles From Zigwheels

  • News
  • Article Feature
  • Advisory Stories
  • Road Test
  • Nissan PH keeps Navara pricing for Jul. amid CMEPA implementation
    Nissan PH keeps Navara pricing for Jul. amid CMEPA implementation
    Ruben Manahan IV . Today
  • First-ever ‘BYD Grab Day Caravan’ puts spotlight on Seal 5 DM-i
    First-ever ‘BYD Grab Day Caravan’ puts spotlight on Seal 5 DM-i
    Ruben Manahan IV . Jul 11, 2025
  • Inchcape PH releases Mercedes-Benz V-Class Elegance
    Inchcape PH releases Mercedes-Benz V-Class Elegance
    Ruben Manahan IV . Jul 11, 2025
  • Latest ‘Kia Movement’ leg set this weekend
    Latest ‘Kia Movement’ leg set this weekend
    Ruben Manahan IV . Jul 10, 2025
  • Bentley unveils all-electric EXP 15 concept car
    Bentley unveils all-electric EXP 15 concept car
    Cesar Miguel . Jul 10, 2025
  • Nissan Livina vs. the competition
    Nissan Livina vs. the competition
    Cesar Miguel . Jul 11, 2025
  • Exploring the Jetour T2’s interior
    Exploring the Jetour T2’s interior
    Cesar Miguel . Jul 10, 2025
  • Suzuki XL7 Hybrid vs Toyota RAV4 vs BYD Tang: tough-looking NEV options
    Suzuki XL7 Hybrid vs Toyota RAV4 vs BYD Tang: tough-looking NEV options
    Paulo Papa . Jul 09, 2025
  • Explaining the different types of hybrid powertrains
    Explaining the different types of hybrid powertrains
    Cesar Miguel . Jul 07, 2025
  • Check out these basic overlanding items for when you want to enjoy the outdoors
    Check out these basic overlanding items for when you want to enjoy the outdoors
    Paulo Papa . Jul 04, 2025
  • Do you still need to wash your car after it rains?
    Do you still need to wash your car after it rains?
    Cesar Miguel . Jun 12, 2025
  • What should you visit first at MIAS 2025?
    What should you visit first at MIAS 2025?
    Cesar Miguel . Apr 11, 2025
  • Do you really need 4x4 for overlanding?
    Do you really need 4x4 for overlanding?
    Cesar Miguel . Mar 26, 2025
  • Number coding 2025: what you need to know
    Number coding 2025: what you need to know
    Paulo Papa . Mar 09, 2025
  • EVs still require lubrication, JAMA execs say
    EVs still require lubrication, JAMA execs say
    Paulo Papa . Mar 09, 2025
  • Honda BR-V S CVT: all about that ‘base’
    Honda BR-V S CVT: all about that ‘base’
    Paulo Papa . Jul 09, 2025
  • Dongfeng Rich 7 4X4 Upper: ideal entry-level truck
    Dongfeng Rich 7 4X4 Upper: ideal entry-level truck
    Paulo Papa . Jul 07, 2025
  • First drive: MG ZS Hybrid+
    First drive: MG ZS Hybrid+
    Cesar Miguel . Jun 30, 2025
  • BYD eMAX 7 Superior Captain: MPV for modern families
    BYD eMAX 7 Superior Captain: MPV for modern families
    Paulo Papa . Jun 18, 2025
  • Suzuki Ertiga Hybrid: modest mover
    Suzuki Ertiga Hybrid: modest mover
    Paulo Papa . Jun 05, 2025