PCC ordered Grab to return 5M surcharge to customers

on

MANILA, Philippines- The Philippine Competition Commission (PCC) has ordered Grab to refund or return the ride-hailing firm’s P5 million surcharges to customers.

Grab overcharged when it exceeded the 22.5 percent allowable deviation before Grab and Uber merged, the PCC said.

Grab’s overcharging was monitored from February to May this year, the PCC added.

The affected passengers are expected to receive the refund within the next 60 days after Grab received the order.

In addition, the PCC also approved Grab’s voluntarily commitments to ensure competition to avoid monopolies.

In a statement by Grab, it said that they respect the PCC’s decision. Grab will contact PCC to pay the refund, the company said. (Marian Andrei Sinamban/IAMIGO/CNS)


Discover more from Current PH

Subscribe to get the latest posts sent to your email.

Marian Andrei Nicolas
Marian Nicolas is a member of the Current News Service (CNS). As Content Producer, Nicolas writes interesting lifestyle and fashion pieces including reviews for Currentph.com. You can reach her at Marian.nicolas@currentph.com.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

MUST READ

video

SONA 2026: Marcos, China, US Alliance and the Philippines’...

https://youtu.be/p3zyjwm2oHM SONA 2026: Marcos, China, US Alliance and the Philippines' Next Direction As President Ferdinand Marcos Jr. prepares to deliver his 2026 State of the Nation...
video

Marcos 2028 Legacy: Economy, Corruption and West Philippine Sea...

https://youtu.be/1e0md4a2e0I Marcos 2028 Legacy: Economy, Corruption and West Philippine Sea Challenges As the Marcos administration moves closer to its final years in office, attention is turning...
video

SONA 2026: Marcos Faces Trust Drop, Flood Scandal and...

https://youtu.be/h49wdASICyU SONA 2026: Marcos Faces Trust Drop, Flood Scandal and Reform Pressure Today With President Ferdinand Marcos Jr.'s 2026 State of the Nation Address approaching, public...
video

SONA 2026 Raises Questions on Debt, Jobs, and Marcos’...

https://youtu.be/cEv77Q5dJNs SONA 2026 Raises Questions on Debt, Jobs, and Marcos' Remaining Two Years As President Ferdinand Marcos Jr. prepares for SONA 2026, the discussion shifts beyond...

Digital Diplomacy and Philippines-China Relations

Digital Diplomacy and Philippines-China Relations   Philippine Ambassador to China Jaime FlorCruz has recently taken to social media to promote the spirit of cooperation and friendship...

Discover more from Current PH

Subscribe now to keep reading and get access to the full archive.

Continue reading

Discover more from Current PH

Subscribe now to keep reading and get access to the full archive.

Continue reading