The Land Transportation Franchising and Regulatory Board has issued an order against Grab and Uber to lower to Ph10-14 its fare per kilometer, from its usual Php12-17.
Based on the said order, the Php10-14/kilometer fare will be implemented starting today, Tuesday.
The said move stemmed after the LTFRB received numerous complaints from customers that allegedly, there is a spike in Uber and Grab fares this holiday season.
Aside from this, LTFRB Chairman Martin Delgra said that the two transport network vehicles are given 10 days to comply with the directive.
Meanwhile, for Atty. John Paul Nabua, legal counsel of Grab, they will follow the LTFRB ruling, but they are asking for additional three days so that they can update their system.