Grab Philippines fined $318k for pricing violations, driver cancellations

Grab Philippines fined $318k for pricing violations, driver cancellations

Grab taxi. Photo: Bloomberg

Antitrust watchdog Philippine Competition Commission (PCC) has slapped fines amounting to 16.15 million pesos ($318,000) on Grab Philippines, the local unit of Southeast Asia’s ride-hailing giant, for overpricing and higher driver cancellations.