LTFRB warns Grab for fare surge

August 22, 2017

The Land Transportation Franchising and Regulatory Board (LTFRB) warned on Tuesday transportation network vehicle Grab it will be punished amid complaints of sudden surge of its rate after the suspension of rival Uber.

In a press briefing in Malacanang, LTFRB chairman Martin Delgra III said his office have received complaints regarding the spike on Grab's fare.

"I was told about it, and we have been monitoring it, and we have told Grab to stay on the cap that we have imposed as early as December 27, 2016, where they are allowed a surge of twice as much as the basic rate. The order of December 27 stays until today," he said.

He said if Grab would continue to take advantage of the absence of Uber operation, "if need be, we will penalize Grab."

LTFRB has suspended Uber's operation for one month for continuing to accept additional accreditation of new and active accounts. Celerina Monte/DMS