Connect with us

Business and Economy

Grab calls for review to include taxis in ride-hailing market

Published

on

FILE: Grab Philippines President Brian Cu. (Photo courtesy of Anvil Business Club via PNA)

MANILA – Ride-hailing company Grab Philippines on Thursday called on the Philippine Competition Commission (PCC) to include in its review taxis and other modes of public transportation in the “ride-hailing competitive market.”

Marikina Rep. Stella Quimbo on Wednesday said Grab would continue to monopolize the ride-hailing market if transport authorities do not allow the entry of motorcycle taxi operators.

buy female cialis online panthermedical.com/wp-content/uploads/2024/06/png/female-cialis.html no prescription pharmacy

In a statement, Grab said Quimbo’s statement revealed that on-demand and platform-based motorcycle taxis were “effectively competing” with Grab, as withdrawing motorcycle taxis would limit consumer choices on transportation.

“It is in the same spirit that we respectfully seek the PCC to review the basis for defining the competitive market in which ride-hailing services operate,” Grab said in a statement.

buy neurontin online panthermedical.com/wp-content/uploads/2024/06/png/neurontin.html no prescription pharmacy

It said the ride-hailing competitive market could also be broadened to include street-hailing transportation such as taxis.

“Right now, what we hope for is to review the basis for defining the competitive market and that would include motorcycle taxis and taxis as well,” Grab said.

It said the voluntary commitments (VC) made by Grab with the PCC to improve service quality, pricing and transparency following its acquisition of then competitor Uber, were “totally different” from their call to review the definition of the ride-hailing market.

“We cannot right away apply for release from VCs because there are certain market share thresholds that will have to be met per player before we can apply for release. That’s why we need the PCC to clarify the definition of competitive market,” Grab said.

Earlier, PCC Commissioner Johannes Bernabe said Grab could be released from its VCs if the company proves that its services were substitutable with motorcycle taxis and that the substitute or competitor has acquired a certain percentage or threshold in the market.

He added that once motorcycle taxis were established as a public utility vehicle, Grab would then have to prove whether four-wheeled vehicles such as Grab’s would be substitutable with two-wheeled vehicles such as motorcycle taxis.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Lifestyle3 days ago

How To Do Christmas & Hanukkah This Year

Christmas 2024 is literally just around the corner! Here in Vancouver, we just finished celebrating Taylor Swift’s last leg of...

Lifestyle1 month ago

Nobody Wants This…IRL (In Real Life)

Just like everyone else who’s binged on Netflix series, “Nobody Wants This” — a romcom about a newly single rabbi...

Lifestyle1 month ago

Family Estrangement: Why It’s Okay

Family estrangement is the absence of a previously long-standing relationship between family members via emotional or physical distancing to the...

Lifestyle3 months ago

Becoming Your Best Version

By Matter Laurel-Zalko As a woman, I’m constantly evolving. I’m constantly changing towards my better version each year. Actually, I’m...

Lifestyle3 months ago

The True Power of Manifestation

I truly believe in the power of our imagination and that what we believe in our lives is an actual...

Maria in Vancouver4 months ago

DECORATE YOUR HOME 101

By Matte Laurel-Zalko Our home interiors are an insight into our brains and our hearts. It is our own collaboration...

Maria in Vancouver4 months ago

Guide to Planning a Wedding in 2 Months

By Matte Laurel-Zalko Are you recently engaged and find yourself in a bit of a pickle because you and your...

Maria in Vancouver5 months ago

Staying Cool and Stylish this Summer

By Matte Laurel-Zalko I couldn’t agree more when the great late Ella Fitzgerald sang “Summertime and the livin’ is easy.”...

Maria in Vancouver5 months ago

Ageing Gratefully and Joyfully

My 56th trip around the sun is just around the corner! Whew. Wow. Admittedly, I used to be afraid of...

Maria in Vancouver6 months ago

My Love Affair With Pearls

On March 18, 2023, my article, The Power of Pearls was published. In that article, I wrote about the history...