PCC Clears Grab-Uber Merger, Grab Vows to Follow Commitments

Grab Philippines Brian Cu
The Philippine Competition Commission (PCC) on Friday, August 10, approved the legality of the Grab-Uber merger, but imposed requirements for the existing entity. This as Grab Philippines assured that it will abide by the voluntary commitments that it has told the anti-trust body. Brian Cu, Grab Philippines' country head , expressed its gratitude to PCC "for recognizing the legality of the deal that transpired between Grab and Uber last March 26, 2018" and "accepting Grab's voluntary commitments that considers the uniqueness of the Philippine ride-hailing landscape." "We are happy that the Philippine Competition Commission (PCC) has recognized the legality of Grab's deal with Uber in Philippines and accepted Grab's voluntary commitments. (The) PCC's pro-innovation approach and forward-looking decision sets a strong example for other regulators examining the Grab-Uber deal, and encourages fair competition and a level playing field that ultimately benefits consumers and drivers. As we move forward to become an everyday app that serves the daily essential needs of people in Southeast Asia, we will continue to stay focused on serving the best interests of our consumers and partners," said Cu. Cu added that Grab has always prioritized consumers and partners. "As we move forward to become an everyday app that serves the daily essential needs of all Filipinos, we emphasize our commitment to further uphold our service quality and continuously provide our consumers and partners fair and transparent operations." The Grab Philippines chief said that the company will "work with the PCC in appointing an independent Monitoring Trustee to monitor Grab's compliance with the Voluntary Commitments," saying that it will regularly submit monthly reports to the PCC for the next 12 months. In line with the ruling of the anti-trust commission, Grab Philippines vowed to follow its voluntary commitments such as adherence to industry standards on non-exclusivity arrangements between transport network vehicle service (TNVS) providers and drivers and operators, upholding service quality, and transparency of fares. In line with the adherence to industry standards, Cu claimed that Grab Philippines respects the rules and regulations set by the Land Transportation Franchising Regulatory Board (LTFRB) on the universality of the common supply base of registered TNVS. "We honor our partners' freedom to choose their preferred TNC amongst the current players. Much as we respect the freedom of our partners to choose, we also believe that they should be empowered to decide for their future by joining the TNC they can work with best," Cu said. Cu added that since the implementation of "Better Trips: 100 days campaign" last May 8, Grab rolled out activities to enhance driver service quality and welfare, provide better ride experience, and upgrade customer support. "While we wait for (the) LTFRB to maximize the current supply cap, Grab also strives to improve driver acceptance rate, overall trip allocation rate, and provide quick response to feedback," he noted. Further, Grab promised that it will ensure the provision of trip receipts with clear fare breakdown per trip as part of its commitment for transparency to its consumers. Grab shall also ensure to keep fares within reasonable price range, aligned with the approved LTFRB fare structure. Cu also urged the LTFRB to maximize the current supply cap to allow a wider TNVS community for the new players in TNC industry. "This way, the new TNCs will be given opportunity to offer what they can to all TNVS operators and drivers and further improve the transport industry," Cu concluded.

Read All

Featured Articles

Recommended Articles For You

Read All

Featured Cars

  • Upcoming

Car Articles From Zigwheels

  • News
  • Article Feature
  • Advisory Stories
  • Road Test
  • Pangilinan-led expressways to waive toll fees for holidays
    Pangilinan-led expressways to waive toll fees for holidays
    Ruben Manahan IV . Today
  • CAMPI-TMA hits 425k-unit mark for Jan.-Nov. 2024
    CAMPI-TMA hits 425k-unit mark for Jan.-Nov. 2024
    Ruben Manahan IV . Today
  • Ford YES promo introduces exclusive deals this weekend
    Ford YES promo introduces exclusive deals this weekend
    Cesar Miguel . Dec 20, 2024
  • Porsche introduces 4 AWD, GTS variants for Taycan
    Porsche introduces 4 AWD, GTS variants for Taycan
    Cesar Miguel . Dec 20, 2024
  • Jetour Auto PH hails top sales ambassadors for 2024
    Jetour Auto PH hails top sales ambassadors for 2024
    Cesar Miguel . Dec 19, 2024
  • Here are the VinFast VF 3's 9 energetic shades
    Here are the VinFast VF 3's 9 energetic shades
    Cesar Miguel . Dec 19, 2024
  • Hyundai Stargazer X vs. the competition
    Hyundai Stargazer X vs. the competition
    Cesar Miguel . Dec 18, 2024
  • Cushy crossover clash: MG One vs. Ford Territory
    Cushy crossover clash: MG One vs. Ford Territory
    Cesar Miguel . Dec 18, 2024
  • Changan CS15 vs. the competition
    Changan CS15 vs. the competition
    Cesar Miguel . Dec 16, 2024
  • Hyundai Custin: 3 conservative colors
    Hyundai Custin: 3 conservative colors
    Paulo Papa . Dec 16, 2024
  • Here are some ideal destinations and safety tips for the upcoming Holy Week
    Here are some ideal destinations and safety tips for the upcoming Holy Week
    Paulo Papa . Mar 08, 2024
  • Here are some New Year’s resolutions for car owners
    Here are some New Year’s resolutions for car owners
    Paulo Papa . Jan 03, 2024
  • PH auto market: 2023 in retrospect
    PH auto market: 2023 in retrospect
    Paulo Papa . Dec 15, 2023
  • Here’s a holiday gift guide for car enthusiasts
    Here’s a holiday gift guide for car enthusiasts
    Hazel Nicole Carreon . Dec 15, 2023
  • Oil players cut pump prices anew
    Oil players cut pump prices anew
    Paulo Papa . Nov 14, 2023
  • Land Rover Defender 110 S D250: King of versatility
    Land Rover Defender 110 S D250: King of versatility
    Cesar Miguel . Dec 12, 2024
  • 2024 Ford Explorer Limited: reliable 6th man
    2024 Ford Explorer Limited: reliable 6th man
    Ruben Manahan IV . Dec 02, 2024
  • Honda Civic RS e:HEV: refined, athletic
    Honda Civic RS e:HEV: refined, athletic
    Cesar Miguel . Nov 28, 2024
  • Ford Ranger Wildtrak 4X4: rugged, refined
    Ford Ranger Wildtrak 4X4: rugged, refined
    Paulo Papa . Nov 19, 2024
  • MG One Lux: smooth operator
    MG One Lux: smooth operator
    Cesar Miguel . Nov 15, 2024