Grab, Uber Reach Compromise With LTFRB
Ringo | On 20, Jul 2017
The Land Transportation Franchising Regulatory Board (LTFRB), Grab, and Uber reached a compromise.
Senator JV Ejercito, the vice chair of the Senate Committee on Public Services, said representatives from the LTFRB and the two transportation network companies (TNCs) met on Wednesday.
LTFRB, Grab and Uber agreed to continue talks next week, in order to find a win-win solution. pic.twitter.com/ucJGLGo1zU
— GRACE POE (@SenGracePOE) July 19, 2017
“After a brief meeting, the LTFRB said they will just wait for Grab and Uber to file for a Motion for Reconsideration, which in effect would legally suspend and extend the execution of LTFRB’s July 11 order,” said Ejercito.
The order of LTFRB included a warning that it will apprehend drivers who are still operating without the required licenses.
Senator Grace Poe, the committee chair, said the unregistered drivers can continue being a partner of the TNCs until the appeal is resolved.
“Although the LTFRB will push through with executing their memorandum circular, they will allow the TNCs to file their motion for reconsideration and pending the resolution of the latter, will allow existing ‘colorum’ TNVS (transport network vehicle service) to continue providing service,” Poe said.
This decision of LTFRB received a backlash from the people of the Philippines. Many noted that Uber and Grab gave justice to the poor transportation of the country.