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Uber Commits Not To Pass On Cost Of P190 Million Fine To Commuters


Transport Network Company (TNC) Uber assured it will not pass on the cost of the P190-million fine imposed by the Land Transportation Franchising and Regulatory Board (LTFRB) to its commuters.

LTFRB board member and spokesperson lawyer Aileen Lizada said Uber made the commitment during their technical working group meeting.

“Uber will issue a statement and committed not to,” Lizada said.

Earlier, Lizada said it is possible for Uber to “manipulate” the system of their application in order to raise the price surge.

LTFRB chairman Martin Delgra and board members Lizada and Engineer Ronald Corpus met with the officials and legal counsels of Uber and Grab Philippines Wednesday, August 30.

On Tuesday, the LTFRB lifted Uber’s month-long suspension as it issued a check amounting to P190-million as payment for violating the ban on accepting new drivers into their platform.

It was the first time since the LTFRB converted a suspension into a fine according to Lizada.

After the payment of the fine and the assistance to its driver partners, Uber eventually hit the road at around 5pm on Tuesday.

Source: Manila Bulletin
Uber Commits Not To Pass On Cost Of P190 Million Fine To Commuters Uber Commits Not To Pass On Cost Of P190 Million Fine To Commuters Reviewed by Yen on August 31, 2017 Rating: 5

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