The Philippine Competition Commission (PCC) yesterday signed an agreement with Grab Holdings, Inc. and MyTaxi.PH, Inc., extending the agency’s oversight of the ride-hailing contractor’s Metro Manila operations for one year.
The extension reinforces PCC’s monitoring and regulation powers over Grab’s incentive scheme for affiliated drivers, ensuring the safety of commuters , and promotion of fair competition in the ride-hailing market.
Under the agreement signed by both parties on September 16, PCC said in a statement that Grab is required to subject its 15th and 16th quarterly compliance reports covering the period May 1 to October 31, 2023 to review by a third-party monitor appointed by the PCC.
The review will assess whether Grab’s incentives discourage drivers and operators from joining rival platforms, thereby violating its non-exclusivity commitments
The undertaking, which applies exclusively to GrabCar in Metro Manila, ensures continued monitoring of Grab’s incentive schemes for affiliated drivers to safeguard commuter choice and preserve fair competition in the digital transport sector.
The assessment will be guided by an incentives monitoring framework and several other factors, such as trip requirements, duration of incentive policies, coverage, and market behavior.
If the effects-based assessment determines that Grab’s incentives violate the Philippine Competition Act, the PCC shall have the authority to take enforcement action and impose penalties.
