The Philippine Competition Commission (PCC) has extended its review of Grab Philippines' driver incentive program for an additional year, following the signing of the 2025 Undertaking.
This extension allows regulators to finalize their assessment of reports related to Grab's 2018 acquisition of Uber's Southeast Asia operations.
Grab Philippines stated its commitment to complying with government regulations and expressed belief that collaboration strengthens the transport industry and benefits commuters.
The 2025 Undertaking, the third such agreement between Grab and the PCC, covers the 15th and 16th monitoring quarters of 2023.
A third-party trustee will monitor Grab's adherence to non-exclusivity commitments linked to driver incentives.
The agreement includes provisions for Grab to rectify violations or face penalties.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.