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Philippines: Issued ruling in PCC investigation into Grab for alleged non-compliance with price monitoring commitments

Policy overview

Description

Issued ruling in PCC investigation into Grab for alleged non-compliance with price monitoring commitments

On 2 February 2023, the Philippine Competition Commission (PCC) fined Grab Holdings PHP 9 million (ca. USD 157'201) for failing to comply with three refund orders totalling PHP 25.45 million (ca. USD 444'355), linked to its price monitoring commitme…

Scope

Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
platform intermediary: e-commerce
Implementation Level
national
Government Branch
executive
Government Body
competition authority

Complete timeline of this policy change

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2018-04-03
under deliberation

On 3 April 2018, the Philippine Competition Commission (PCC) directed the Mergers and Acquisitions …

2018-04-06
under investigation

On 6 April 2018, the Philippine Competition Commission (PCC) ordered Uber to continue operating its…

2018-08-10
in force

On 10 August 2018, the Philippine Competition Commission (PCC) approved Grab’s acquisition of Uber …

2018-10-11
in force

On 11 October 2018, the Philippine Competition Commission (PCC) issued a fine of PHP 16 million (ca…

2019-11-18
in force

On 18 November 2019, the Philippine Competition Commission (PCC) approved a set of commitments (Ext…

2023-02-02
in force

On 2 February 2023, the Philippine Competition Commission (PCC) fined Grab Holdings PHP 9 million (…

2023-05-15
under investigation

On 15 May 2023, the Philippine Competition Commission (PCC) imposed a fine of PHP 9 million (ca. US…