OPINION
NEWS
REGIONS
WORLD
BUSINESS
SPORTS
ENTERTAINMENT
LIFESTYLE
THE SUNDAY TIMES
SPECIAL FEATURES
SPECIAL SECTIONS
TMT NEWSWIRE
FAST TIMES
LEGAL ADVICE
CAMPUS PRESS
VIDEOS
EXPATS & DIPLOMATS
PHOTOS
BUSINESS FORUM
PODCASTS
RESOURCES
WEATHER
MARKET OVERVIEW
CLASSIFIEDS
EXAM RESULTS
TMT DIGITAL EDITION
TMT CSI
TMT 126TH ANNIVERSARY
QUIZZES
GAMES
Grab slapped with P23.45-M fine
By Jordeene B. Lagare
Nov 19, 2019 12:13 am

THE Philippine Competition Commission (PCC) has slapped Grab Philippines with a financial penalty amounting to P23.45 million for breaching its pricing commitments.

In his opening statement, PCC Chairman Arsenio Balisacan said on Monday the amount covers P11.3 million imposed for the first quarter, P7.1 million for the second quarter, and P5.05 million for the third quarter.