Ano na ba talaga? Grab, Uber ordered to continue separate services beyond April 8

Ano na ba talaga? Grab, Uber ordered to continue separate services beyond April 8

- Philippine Competition Commission directed the ride-sharing companies to continue separate operations

- The directive is until the PCC finishes the review of their merger

- Uber was supposed to shut down its mobile phone application on April 8

PAY ATTENTION: Click "See First" under the "Following" tab to see KAMI news on your News Feed!

Patrons of Uber can rejoice for a while because the ride-sharing app has been ordered to extend their operations beyond April 8.

The Philippine Competition Commission is still reviewing the merger of Uber and Grab, according to ABS-CBN News.

And until the review is over, the commission wants Uber and Grab to operate separately.

PCC Chairman Arsenio Balisacan said they believe Uber can still handle their Philippine operations.

"The PCC believes that Uber is capable of operating its ride-hailing app in the country, despite its claims that it has already exited the Southeast Asia market," said Balisacan in a statement quoted by ABS-CBN News.

Balisacan said because of the merger, Uber becomes a part-owner of Grab resulting in monopolization.

"This virtual monopolization of the market by Grab can harm the riding public," said the chairman.

This order, according to ABS-CBN News, also means Grab cannot complete their acquisition of Uber's operations until the review is over.

Both companies have said they oppose the commission's recommendation to operate separately.

According to a report by Rappler, the Land Transportation Franchising and Regulatory Board (LTFRB) said that Uber no longer has enough funds and manpower to operate beyond April 8.

Uber drivers have started moving to Grab Philippines after the merger was announced.

The Uber app was supposed to shut down on April 8.

Grab had earlier announced it was buying Uber's Southeast Asia operations.

Doctors had no idea what's wrong with Angelo. His mom is in pain watching her son suffer. This family needs money for appropriate medical checkup that would allow to set diagnosis. All together we can help! Find Marlyn Rosamiran's contact details in the end of the video.

I am bigger than my illness - Angelo - on KAMI YouTube Channel

Source: Kami.com.ph

Related news
Sobrang layo ng pinanggalingan mga bulaklak nila! Billy Crawford-Coleen Garcia's ethereal wedding setup uses whopping 46,000 stems of imported flowers

Sobrang layo ng pinanggalingan mga bulaklak nila! Billy Crawford-Coleen Garcia's ethereal wedding setup uses whopping 46,000 stems of imported flowers

Sobrang layo ng pinanggalingan mga bulaklak nila! Billy Crawford-Coleen Garcia's ethereal wedding setup uses whopping 46,000 stems of imported flowers
KAMI.com.ph
Mailfire view pixel