Quimbo: Grab's acquisition of Move It could potentially lead to higher fare

Marikina City 2nd district Rep. Stella Quimbo is prodding the Philippine Competition Commission to keep a close eye on Grab Philippines’ involvement in the motorcycle taxi sector, saying it could potentially lead to a surge in fare.Quimbo, during a public hearing of the House Committee on Metro Manila Development Wednesday, Nov.

Arcilla, one of the resource persons in the hearing, confirmed Quimbo’s statement: “Tama po, yun po yung isa sa mga dangers na nais tigilan ng PCC .” Quimbo, a senior vice chairperson of Committee on Appropriations, then asked Arcilla about Grab’s compliance with the overcharging issue. She didn’t like what she heard.

She said during her time as a PCC commissioner, things were set up at the commission so that the data would be clear for the regulators to see.

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Commuter groups alarmed Grab’s acquisition of Move It to hike faresDuring the hearing of the House committee on Metro Manila development on Wednesday, the groups Lawyers for Commuters Safety and Protection and Digital Pinoys said Grab&39;s entry into the motorcycle market could result in fare hikes to the detriment of commuters.
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