Report: LTFRB offers Uber P190 million fine to lift suspension

Fair decision or d*** move?
by Jason Tulio | Aug 25, 2017

Social media has been ablaze recently with stories of commuters' woes since the month-long suspension of Uber was put in effect. From tales of taxi drivers being absolute d***s to endless lines at bus terminals, it's been a tough ordeal for a lot of Metro Manila's residents. Never has 30 days felt so long or as difficult. 

But all hope isn't lost just yet. There's been a recent development in the saga between Uber and the Land Transportation Franchising and Regulatory Board (LTFRB) that's either a blessing or an insult, depending on how you look at it.

According to a report by GMA News, the LTFRB has given Uber the option to lift the suspension by paying a P190,000,000 fine. No, you didn't misread those zeroes. The amount, LTFRB explains, was chosen by taking into consideration the length of the suspension in relation to Uber's average daily income. If you're wondering, that's estimated to be around P7 to P10 million per day over P150,000+ trips. It was Uber who first suggested the idea of paying a fine in lieu of serving a suspension. 

Continue reading below ↓

What do you guys think? Will this fine bring a much-needed end to this conflict, or does this just cause more problems than it fixes? Let us know your thoughts in the comments. 

Also Read

PHOTO: Jason Tulio
  • Quiz Results

  • TGP Rating:

    Starts at ₱

    TGP Rating:
    Starts at ₱