Uber gets go ahead in the Philippines after paying nearly $10 million in penalties
The Philippine traffic regulator lifted a one-month suspension on ride-sharing firm Uber on August 29 after the company paid almost $10 million in a fine and financial support to its drivers affected by the halted operations.
Originally, the Land Transportation Franchising and Regulatory Board suspended Uber’s operations for a month from August 14 for violating an order to stop accepting new driver applications. The board then demanded Uber to pay a fine of 190 million Philippine pesos ($3.72 million) and another 300 million pesos ($5.87 million) as financial assistance to nearly 30,000 affected drivers.
Uber finally agreed and, after reaching the settlement, resumed operations in the country immediately.
The suspension of the ride-sharing service sparked outrage among commuters and residents in Manila. Many people in the Philippine capital prefer services such as Uber and Grab over conventional taxis, whose drivers have a reputation for exploiting passengers by not using meters and refusing customers based on how far they are traveling.
The Philippine traffic regulator lifted a one-month suspension on ride-sharing firm Uber on August 29 after the company paid almost $10 million in a fine and financial support to its drivers affected by the halted operations. Originally, the Land Transportation Franchising and Regulatory Board suspended Uber's operations for a month from August 14 for violating an order to stop accepting new driver applications. The board then demanded Uber to pay a fine of 190 million Philippine pesos ($3.72 million) and another 300 million pesos ($5.87 million) as financial assistance to nearly 30,000 affected drivers. Uber finally agreed and, after reaching...
The Philippine traffic regulator lifted a one-month suspension on ride-sharing firm Uber on August 29 after the company paid almost $10 million in a fine and financial support to its drivers affected by the halted operations.
Originally, the Land Transportation Franchising and Regulatory Board suspended Uber’s operations for a month from August 14 for violating an order to stop accepting new driver applications. The board then demanded Uber to pay a fine of 190 million Philippine pesos ($3.72 million) and another 300 million pesos ($5.87 million) as financial assistance to nearly 30,000 affected drivers.
Uber finally agreed and, after reaching the settlement, resumed operations in the country immediately.
The suspension of the ride-sharing service sparked outrage among commuters and residents in Manila. Many people in the Philippine capital prefer services such as Uber and Grab over conventional taxis, whose drivers have a reputation for exploiting passengers by not using meters and refusing customers based on how far they are traveling.
