The Philippine Competition Commission (PCC) slapped another P9-million fine on Grab Philippines for failure to fully refund its customers more than three years after the PCC first ordered the reimbursement.
The PCC issued the new penalty on Grab in the first week of February 2023, for violating three separate commission orders requiring Grab to return a combined P25.45 million to its customers.
The antitrust agency penalized Grab a total of P63.7 million since 2018 for violations of its price and service quality commitments. It was in late 2019 when the PCC imposed on Grab the penalty to return a portion of its commissions to Grab’s passengers for violating its price monitoring commitment. entity to a standard as if it had a rival.
In the same resolution, the PCC also imposed a P3 million fine on Grab for providing incorrect and misleading information in the complianceIn those reports, Grab claimed that it had completed the refund.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Grab PH evaluating legal option on PCC penaltyGrab Philippines said it was surprised by the decision of the Philippine Competition Commission (PCC) to impose a new penalty on the remaining refund for its customers and is evaluating its legal options on the fine. ManilaBulletin
Read more »
Coast Guard installs buoys in parts of West Philippine SeaTo strengthen the country’s maritime stakes in the West Philippine Sea following persistent Chinese incursions, the Philippine Coast Guardhas installed additional navigational buoys within its exclusive economic zone. | FMangosingINQ /PDI
Read more »
Grab Philippines slapped with fresh P9 million fine amid refund delaysThe Philippine Competition Commission (PCC) on Monday announced another P9-million fine on transport network vehicle service (TNVS) provider Grab Philippines over its failure to refund customers over three years after the reimbursement order.
Read more »
Grab PH slapped anew with P9-million fineGrab Philippines was fined with a fresh P9-million penalty by the Philippine Competition Commission due to its failure to refund its customers more than three years after it was ordered to do so. /PDI
Read more »
Award-Winning XL750 Transalp Lands At Philippine Honda Big Bike Dealerships | CarGuide.PH | Philippine Car News, Car Reviews, Car Prices
Read more »
Grab says cancellation fees have LTFRB approvalGrab Philippines said over the weekend the complaints over the P50 charge on canceled rides are “isolated” as the cancellation fee was approved by the Land Transportation Franchising and Regulatory Board.
Read more »