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Grab needs 'big competitor' to temper dominance: antitrust chief

ABS-CBN News
Updated as of Jan 17 10:22 AM

A "monitor" will be established "soon" to check on the refund, Philippine Competition Commission Chairman Arsenio Balisacan said. Grab started crediting the P19 million in refunds to app users' digital wallets as it denied overcharging. Read more »

Ilang pasahero dismayado sa nakuhang refund mula sa Grab

ABS-CBN News
Posted at Jan 03 12:31 AM

Ang refund ang resulta ng multang ipinataw ng Philippine Competition Commission sa Grab. Read more »

Mga pasahero ng Grab kinuwestiyon ang natanggap na maliit na refund

ABS-CBN News
Posted at Jan 02 07:44 PM

Kinuwestiyon ng mga pasahero ng Grab ang maliit na refund na natanggap nila. Read more »

'Thanks sa piso': Grab refund stirs Twitter conversation

ABS-CBN News
Updated as of Jan 01 04:19 PM

Ride-sharing company Grab started refunding its users on Tuesday based on a ruling of the country's antitrust watchdog. Read more »

Gatchalian wants stiffer penalties for Grab PH for continuous violations

ABS-CBN News
Posted at Dec 28 05:17 PM

The senator said the Philippine Competition Commission (PCC) has penalized Grab four times for breaching price and service quality obligations within the year and that this was unacceptable, especially for commuters. Read more »

Grab to credit refunds to riders starting Dec 31

ABS-CBN News
Posted at Dec 26 01:32 PM

Grab riders need to complete a KYC or know your customer process to avail of the refund, which will be credited to the user's GrabPay digital wallet. More details are available in the Grab app and on its website, the company said. Read more »

Mitsubishi-Filinvest joint venture secures antitrust body's approval

ABS-CBN News
Posted at Dec 19 01:54 PM

A Dec. 10 decision cleared the joint venture, Spectrum Alabang Properties Inc, to develop projects in Alabang and Muntinlupa as the deal was deemed unlikely to result in lessening of competition, the PCC said in a statement.    Read more »

P16-M panibagong multa sa Grab, ipinataw ng PCC

ABS-CBN News
Posted at Dec 19 01:50 AM

Higit P16-M panibagong multa ang ipinataw ng Philippine Competition Commission ang ride-hailing firm na Grab dahil sa mga paglabag nito sa mga commitment nito kaugnay ng presyo at mga driver cancellation. Read more »

Grab pinagmumulta ng P16 milyon

ABS-CBN News
Posted at Dec 18 07:34 PM

Pinagbabayad din ng Philippine Competition Commission ang Grab ng higit P16 milyon na multa dahil sa umano ay overpricing at driver cancellation. Read more »

ADB approves $23.2-M loan to upskill employees of PH competition commission

ABS-CBN News
Posted at Dec 11 11:51 PM

The Asian Development Bank approved a multimillion-dollar loan to help the Philippine Competition Commission upskill its workers. Read more »

Grab June-August fares under review for possible refund: competition body

ABS-CBN News
Updated as of Nov 28 09:01 AM

The Philippine Competition Commission earlier ordered Grab to refund P5 million in excess charges from February to March. The ongoing review covers June to August, said PCC Commissioner Johannes Bernabe. Read more »

Grab to return P5 million in excess charges through credits: PCC

ABS-CBN News
Updated as of Nov 19 07:26 PM

The PCC and an independent third party trustee will have access to Grab’s database to identify riders eligible for the refund, or those who used the ride-hailing service in 101 routes where Grab committed pricing violations, Commissioner Johannes Bernabe told DZMM. Credits can be used to pay for services within the app.   Read more »

Grab inutusang i-refund ang P5-M sobrang singil sa mga pasahero

ABS-CBN News
Updated as of Nov 18 08:35 PM

Inutusan ng Philippine Competition Commission ang Grab na i-refund ang P5 milyong sobrang siningil ng ride-hailing firm sa mga kostumer. Read more »

Grab ordered to refund P5 million in excess charges

Jessica Fenol and Bruce Rodriguez, ABS-CBN News
Updated as of Nov 18 03:34 PM

The P5 million refund is part of a total P23 million in fines for several of Grab's violations of its own commitments from August last year to May this year. Read more »

PH Competition Commission to intensify crackdown on rice cartels

ABS-CBN News
Posted at Oct 24 12:08 AM

The Philippine Competition Commission gets some much-needed help from the budget department and the Supreme Court in its investigations. Read more »

Competition commission pushes for creation of 'National Competition Policy'

ABS-CBN News
Posted at Oct 10 10:49 PM

The World Bank slashed its growth outlook for the Philippines, citing lack of competition as one of the reasons. The Philippine Competition Commission is already seeking ways that will help address the problem. Read more »

Anti-trust watchdog resolves country's first 'abuse of dominance' case

ABS-CBN News
Posted at Oct 02 11:24 AM

The Philippine Competition Commission on Wednesday said it has resolved the country's first "abuse of dominance case" involving a sole internet provider deal by a housing developer. Read more »

Anti-trust body, agriculture dept partner for consumer protection in agri sector

ABS-CBN News
Posted at Oct 01 02:46 PM

The Philippine Competition Commission on Tuesday said it partnered with the Department of Agriculture to help address "unscrupulous" practices in the agri sector that could affect prices and output. Read more »

Anti-trust body approves joint venture for Pasay reclamation project

ABS-CBN News
Posted at Sep 30 03:47 PM

The PCC said this deal was its first merger review where a local government unit is involved as a party to a joint venture.  Read more »

Competition Commission to further probe San Miguel-Holcim acquisition deal

ABS-CBN News
Posted at Sep 07 05:24 PM

The Philippine Competition Commission (PCC) on Saturday said it would further review San Miguel Corporation's (SMC) acquisition of Holcim Philippines, saying the deal could lead to a "cartel-like coordination among cement firms" in several regions. Read more »