Grab, a transport network company in Southeast Asia had it's charge of ₱2 ($0.04) per minute on rides suspended by the Land Transportation Franchising and Regulatory Board, or LTFRB recently.
The order was released "pending extensive review and resolution" of the contested additional fare. It was signed by Chairman Martin Delgra and Board Member Ronaldo Corpuz.
Grab's legal counsel Miguel Aguila told CNN Philippines they would follow the order which the LTFRB said was effective "immediately."
The transport network company added a ₱2 ($0.04) per minute charge to its riders in June last year. In an interview with CNN Philippines' The Source, PBA Partylist Rep. Jericho Nograles slammed this amount as illegal, and accused the company of owing riders an accumulation of over ₱1 billion (about $19 billion) in such fares.
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