Move It, a motorcycle-hailing firm acquired by super-app company Grab, expressed discontent over a House committee recommendation to halt its operations in Metro Manila.
The recommendation came from the House committee on Metro Manila development, headed by chairperson Rolando Valeriano. Concerned about Move It’s association with Grab Philippines, the committee detailed their reservations in a 14-page report which not only scrutinized the compliance of the acquisition but also evaluated the implications of Grab positioning itself as a major fourth participant in a motorcycle taxi pilot program. Additionally, allegations have arisen about Grab potentially overcharging its users.
Back in August 2022, when Grab announced its acquisition of Move It, the super-app said that this acquisition aimed to augment Move It’s fleet size, enhance the efficiency of its operations, pave the way for greater opportunities for drivers, and reach a wider commuter audience.
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Grab responded to the committee’s recommendation by claiming that the regulatory issues surrounding the Move It acquisition had already been deliberated upon and approved by the Philippine Competition Commission (PCC) and the Department of Transportation (DOTr). Moreover, Grab conveyed its concerns about the impact such a suspension could have on both drivers and the riding public.
Grab also called for equal treatment, insisting that Move It should be subjected to the same standards and scrutiny as its competitors, Angkas and Joyride. Grab stressed that any targeted action against Move It would be discriminatory and against the spirit of competitive fairness.
Via: PhilStar